Agriculture

The start of a limited farmland market on July 1 should boost Ukrainian harvest yields

Wednesday, June 23, 2021

, Bloomberg reports in a story: Ukraine will introduce long-awaited land reforms next month just as food prices rise to the highest in almost a decade. Harvest yields for corn, Ukraine’s largest crop, are one third below US levels. Starting July 1, Ukrainian individuals will be able to buy and sell up to 100 hectares a year. Trade by corporations is expected to be allowed in coming years. Public opinion polls indicate low support for farmland sales to foreigners, a step that is to be decided by a referendum after 2024.

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The farmland market is designed to be transparent, Agriculture Minister Roman Leshchenko writes in an Atlantic Council essay:

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