NEWS
Ukraine Crisis Weighs on Wheat Harvest
Wed May 21, 2014 07:25 AM CDT

MOSCOW (Dow Jones) -- Ukraine's grain harvest this year is likely to fall to about 60 million metric tons from 63 million tons in 2013 as a result of the current political instability, the Ukrainian Agrarian Confederation said Wednesday.

The crisis in Ukraine has prompted a sharp depreciation of the national currency, the Hryvna, against the dollar, leading to higher prices for the import of fuel, seeds and fertilizers, the confederation said.

It said it expected the corn harvest this year to reach around 29 million tons, wheat to total about 22 million tons, barley 8 million tons and rye ...

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