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According to Agrohub, the actual EBITDA for the main crops in 2023 is $129 per hectare, while the forecasted values ​​at the beginning of the year were not so optimistic – $94 per hectare. As well, compared to 2022 the companies’ income increased by 200% – when the actual EBITDA was $47 per hectare. Corn’s profitability increased the most – to $38 per hectare based on sales results. Farmers believed it would not provide a profitable EBITDA, with -$47 per hectare

The Bayer international concern, which previously announced an investment of €60M, revealed the details of its priority investment areas in Ukraine. The announced investments are aimed at expanding the capacity of the Bayer seed plant in the Zhytomyr region. In particular, the company plans to: install a third dryer for corn seeds significantly expand its fleet of vehicles, including new warehouses and equipment storage areas purchase various types of modern agricultural machinery construct two bomb shelters with a total capacity

On March 8, the US Department of Agriculture updated the global estimates for the balance of major crops in the 2022/23 marketing year. Wheat and corn production indicators in Ukraine remain at the previous forecast’s level: 21 million tons and 27 million tons, respectively. Wheat export indicators remained unchanged: 13.5 million tons, and corn increased by 1 million tons to 23.5 million tons. The forecast for global wheat production increased by 5.1 million tons to 788.9 million tons and trade

In Ukraine, a significant amount of the corn crop remains unharvested, the quality of which will suffer, said Minister of Agriculture Mykola Solskyi. He clarified that at the beginning of winter, one-third of the corn harvest in Ukraine remained unharvested, currently this amount has been cut in half. And although Ukrainian farmers know how to preserve their crop’s quality as much as possible, it still decreases every day. After all, the quality is affected by changes in temperature and humidity

The war, constant blackouts, and the record autumn rainfall that has muddied fields have hit Ukrainian farmers’ harvest efforts. Additionally, the war has decreased how much farmers can fetch for their goods. As well, strikes on the country’s infrastructure have limited the availability of electricity needed to dry soggy grain, reported Bloomberg. While Russia’s invasion has curbed exports, Ukraine remains the world’s fourth-largest corn shipper and significantly impacts global supply. The grain can still be collected into spring, although the

The Spanish railway operator Renfe Mercancías sent an experimental freight train to Ukraine to transport 600 tons of corn, bypassing Ukrainian seaports, reports El País. With the first train, the Spanish government seeks to demonstrate the technical and economic feasibility of grain rail transportation along the tracks from Łódź (Poland) to Barcelona (Spain). The length of the route is approximately 2,400 km. The planned transportation is between Ukraine and Spain with transshipment of goods in Helm, 25 km from the

as predicted on the China’s Global Times news website. In the first two months of this year, China’s corn imports increased by 414% yoy, to 4.8 million tons. The US pulled ahead of Ukraine, largely due to the Trump-era US-China trade accord. With the marketing year ending June 30, the US Department of Agriculture has predicted that China will import a record 24 million tons of corn.

reported APK-Inform. Of the 15.9 million tons exported so far, the top markets were: China – 6 million tons; EU – 5 million tons; and Egypt – 1.7 million tons. This year, Ukraine is expected to export 23 million tons of its 30-million-ton crop. Poor weather and reduced plantings depressed the harvest.