Agriculture

Thursday, December 19

Piraeus Bank sponsored the War & Politics Live event in Kyiv: What the Future Holds for Ukraine in 2025.

Piraeus Bank sponsored the War & Politics Live event in Kyiv: What the Future Holds for Ukraine in 2025. On December 13, the UBN Network hosted an event titled “WAR & POLITICS: POST US ELECTIONS – WHAT THE FUTURE HOLDS FOR UKRAINE.” As the general sponsor of UBN’s series of ev...

Wednesday, December 18

Vitagro will invest another $2M in the coming years to produce agricultural products.

Vitagro will invest another $2M in the coming years to produce agricultural products. In 2025-2026, the VITAGRO group of companies will invest an additional $2M to make plant protection products, micro fertilizers, and seeds the group’s top manager Serhiy Savchuk said. Vitagro Pa...

Tuesday, December 17

A huge wartime M&A deal: A new agricultural giant worth $30B will soon take shape.

A huge wartime M&A deal: A new agricultural giant worth $30B will soon take shape. The Antimonopoly Committee of Ukraine has approved the acquisition of control by Bunge Global SA over the global agro-trader Viterra Limited (part of Glencore). In Ukraine, these two companies (Viterr...

Monday, December 16

Canada will finance Ukraine’s rural population’s business initiatives, and Piraeus Bank will support Ukrainian SMEs along with the DFC.

Canada will finance Ukraine’s rural population’s business initiatives, and Piraeus Bank will support Ukrainian SMEs along with the DFC. The Ministry of Agrarian Policy, the Canadian NGO SOCODEVI, and the Dnipropetrovsk Regional Public Organization will cooperate to develop entrepreneurship for the rural population that has been affect...

Thursday, December 12

The Ministry of Agrarian Policy reports record output by the Ukrainian agricultural sector.

The Ministry of Agrarian Policy reports record output by the Ukrainian agricultural sector. Minister of Agrarian Policy Vitaliy Koval reported that in 2024, Ukraine’s agro-industrial complex achieved record production and export totals. In particular, sugar exports amounted to about 70...

A Ukrainian Agro giant continues its expansion strategy in international markets.

A Ukrainian Agro giant continues its expansion strategy in international markets. Agroholding MHP, the largest chicken producer in Ukraine, has submitted an offer to acquire UVESA Group, a leader in the Spanish poultry and pork production markets that was founded in 1964. MHP empha...

Wednesday, December 4

Gals Agro becomes the second company able to supply biomethane to the Ukrainian gas transmission system: When are exports expected to start?

Gals Agro becomes the second company able to supply biomethane to the Ukrainian gas transmission system: When are exports expected to start? Horodishche-Pustovarivskaya Agrarian Company (GOPAK), part of the Gals Agro agroholding, is the second company in Ukraine to start supplying biomethane it produces into the Ukrainian gas transportatio...

Tuesday, December 3

How is the Ukrainian agricultural sector improving logistics and optimizing business operations?

How is the Ukrainian agricultural sector improving logistics and optimizing business operations? Agro-Region agroholding has reduced the cost of transporting grain and oilseed crops by 30% by creating its own fleet of 40 grain wagons, 25 of which the company received through the USAID grant progr...

Friday, November 29

In Ukraine, more than 1,200 agricultural enterprises have closed since the start of the full-scale invasion.

In Ukraine, more than 1,200 agricultural enterprises have closed since the start of the full-scale invasion. At the beginning of 2022, businesses had almost ceased hiring, and people were not looking for work. According to IMF estimates, Ukraine’s total losses amounted to 35% of GDP, and many companies...

The new European Commissioner for Agriculture names the Ukrainian agricultural sector the elephant in the room regarding its impact on EU agriculture.

The new European Commissioner for Agriculture names the Ukrainian agricultural sector the elephant in the room regarding its impact on EU agriculture. Christoph Hansen from Luxembourg has become the new European Commissioner for Agriculture and Food. Hansen comes from a family that owns a large farm in Luxembourg. Hansen has been working in the Euro...

Wednesday, November 27

One of Ukraine’s largest agricultural holdings increased its sugar exports by 400%, increasing profit by €20M.

One of Ukraine’s largest agricultural holdings increased its sugar exports by 400%, increasing profit by €20M. In the first nine months of 2024, Astarta agroholding increased revenue by 13%, to €441M, and profit by €20M (+35%), to €75.6M. Revenue from sugar production increased by 19% to €169M. The volume of s...

Tuesday, November 26

Several new biomethane plants will be launched in Ukraine.

Several new biomethane plants will be launched in Ukraine. Serhiy Labazyuk is the founder of the Vitagro group of companies, which in the fall commissioned and connected to Ukraine’s gas transmission system a biomethane plant with a capacity of three mi...

Ukraine is increasing its exports of dairy products and launching a modern dairy farm in the Rivne region.

Ukraine is increasing its exports of dairy products and launching a modern dairy farm in the Rivne region. Exports of Ukrainian cheeses in January-October 2024 amounted to 10,100 tons, which is 40.3% more than in the same period last year. Revenue amounted to $43.7M, 34% more than last year. The largest bu...

Monday, November 25

The Mykolaiv region is repairing storage facilities for long-term storage of fruit and vegetable products.

The Mykolaiv region is repairing storage facilities for long-term storage of fruit and vegetable products. According to Olena Piskun, director of the Mykolaiv regional administration’s Department of the Agro-Industrial Complex, in the pre-war period 18 storage facilities for long-term storage of vege...

Thursday, November 21

Spain has become the leading importer of Ukrainian agricultural products in the EU; how can Ukraine retain its consumers?

Spain has become the leading importer of Ukrainian agricultural products in the EU; how can Ukraine retain its consumers? Spain has become the main importer of Ukrainian agricultural products in Europe, and the primary trade strategy for this country is not to overheat its market with excessive exports to prevent a trade...

Monday, November 18

Ukraine increased its turnover from the export of grain and oilseeds by $1.6B.

Ukraine increased its turnover from the export of grain and oilseeds by $1.6B. Export turnover of grain, oilseeds, meal, and oil in the 2024/2025 season (July-October) amounted to $6.1B, which is $1.6B more than last season. Farmers received significantly more from the export of...

Thursday, November 7

Epicentr K is developing its agribusiness by constructing a port terminal.

Epicentr K is developing its agribusiness by constructing a port terminal. The Epicentr K group is preparing to invest in the development of its port infrastructure, the company’s top manager, Petro Mykhailyshyn, said. “We already have 170,000 hectares of land an...

Where is one of the largest farm companies owned by the Saudi Agricultural and Livestock Investment Company investing?

Where is one of the largest farm companies owned by the Saudi Agricultural and Livestock Investment Company investing? Continental Farmers Group, which cultivates 195,000 hectares in the western regions and is the sixth largest agricultural producer in Ukraine, implemented several strategic investment projects this ye...

Wednesday, November 6

The lease of 1,200 hectares of state farmland brought ₴35M to Ukraine’s coffers.

The lease of 1,200 hectares of state farmland brought ₴35M to Ukraine’s coffers. The main takeaway from the first month of auctions by the Land Bank is ₴34.7M including VAT paid to the budget and 19 concluded agreements with winners from six regions. As a result of these auctions,...

Friday, November 1

The NovaAgro group of agricultural companies invests $4.54M to expand in the Kharkiv region.

The NovaAgro group of agricultural companies invests $4.54M to expand in the Kharkiv region. The Kharkiv agro-industrial group of companies NovaAgro acquired 56.9% of French company AgroGeneration, which is the sole owner of AgroGeneration Ukraine (Kharkiv). NovaAgro Ukraine purchased this sh...

Germany has significantly increased its Ukrainian grain imports since the start of the war.

Germany has significantly increased its Ukrainian grain imports since the start of the war. The German federal government confirms the increase in Ukrainian grain imports and, at the same time, denies any negative impact from this on its market. Grain imports have grown since 2022, when the ...

Thursday, October 31

What will happen Ukraine’s agricultural land prices?

What will happen Ukraine’s agricultural land prices? Despite the war, prices for agricultural land in Ukraine continue to grow, according to market experts. Weighted average prices have been gradually increasing by up to 10% since the beginning of the y...

France is unhappy with the increase in Ukrainian sugar imports to the EU.

France is unhappy with the increase in Ukrainian sugar imports to the EU. Jordan Guitton, a member of parliament from the right-wing populist National Unity party, is demanding that the French government comment on what he believes is the harmful impact of Ukrainian sugar a...

Wednesday, October 30

Ukraine has introduced a new regulation of the export of grain, honey, and nuts to combat the shadow economy.

Ukraine has introduced a new regulation of the export of grain, honey, and nuts to combat the shadow economy. The Cabinet of Ministers introduced an export support regime for operations involved with exporting certain agricultural goods during martial law in Ukraine. This regime will establish minimum export ...

Tuesday, October 29

Ukraine is working to involve international partners in financing the agricultural land demining market.

Ukraine is working to involve international partners in financing the agricultural land demining market. Potential partners are interested in Ukraine’s pilot project to establish the demining market for agricultural land through Prozorro auctions. And now the task is to involve them in financing th...

German businesses contemplate their options as the suspension of military reservations threatens companies working in Ukraine.

German businesses contemplate their options as the suspension of military reservations threatens companies working in Ukraine. The suspension of the reservation of Ukrainian workers, despite the millions of dollars invested by German companies to support Ukraine’s economy during the war, threatens the business community...

Monday, October 28

October shelling of port infrastructure has caused tens of millions in damages, but Ukrine’s ports have still exceeded last year’s cargo transshipment figure by 29%.

October shelling of port infrastructure has caused tens of millions in damages, but Ukrine’s ports have still exceeded last year’s cargo transshipment figure by 29%. As a result of Russian shelling in October, Ukraine’s port infrastructure sustained $30-40M in damages, Deputy Minister of Agrarian Policy Taras Vysotskyi said. As well, the agricultural sector&...

Ukraine’s potato production decreases, forcing record-breaking prices.

Ukraine’s potato production decreases, forcing record-breaking prices. In 2024, Ukraine’s potato production declined by 18%, which amounts to four million tons less, Deputy Minister of Agricultural Policy Taras Vysotskyi said. This became one of the factors in the ...

Thursday, October 24

Ukraine’s agricultural sector is not an obstacle but an investment in the EU’s competitiveness.

Ukraine’s agricultural sector is not an obstacle but an investment in the EU’s competitiveness. The EU’s future expansion will not weaken, but rather will increase the bloc’s competitive advantages. During European integration, each candidate country must fulfill necessary criteria, ...

The annual export of Ukrainian agricultural products increased by almost 10 million tons, their value by $1.4B.

The annual export of Ukrainian agricultural products increased by almost 10 million tons, their value by $1.4B. During the first nine months of 2024, Ukraine exported 48.9 million tons of agricultural products worth $10.5B. The volume farm product exports for the year increased by 9.9 million tons, or by $1.4B....

Wednesday, October 23

The renewal of Russian attacks on Ukrainian ports has led to a 6% increase in wheat prices.

The renewal of Russian attacks on Ukrainian ports has led to a 6% increase in wheat prices. Assistant UN Secretary-General Miroslav Jenča stated at a meeting of the UN Security Council: “In recent weeks, we have witnessed renewed attacks by Russia on Ukrainian Black Sea ports.” H...

It will take decades to restore soil fertility and demine all lands after the end of the war.

It will take decades to restore soil fertility and demine all lands after the end of the war. Russia has caused ₴1.26T in damage to Ukraine’s ecosystems. Among them are losses to land resources amounting to ₴400B, of which more than ₴2B are the consequences of soil pollution. It will tak...

Tuesday, October 22

The Land Bank reports on the latest auctions in the Volyn, Lviv, and Cherkasy regions: Prices have increased by 600-700%.

The Land Bank reports on the latest auctions in the Volyn, Lviv, and Cherkasy regions: Prices have increased by 600-700%. At the end of last week, the state conducted seven auctions to sublease state agricultural land in the Volyn, Lviv, and Cherkasy regions, with a total area of 670.6 hectares. The Land Bank reports t...

Thursday, October 17

The 2023 harvest brought 200% more profit to Ukrainian companies.

The 2023 harvest brought 200% more profit to Ukrainian companies. 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, co...

Wednesday, October 16

Ukraine exports about 40 million tons of grain this season, and the shipment rate has increased by 100%.

Ukraine exports about 40 million tons of grain this season, and the shipment rate has increased by 100%. Deputy Minister of Agrarian Policy Taras Vysotskyi stated: “Due to difficult climate conditions, this year’s harvest is somewhat smaller than last year’s. Also, there are no transiti...

Monday, October 14

Canada will provide Ukraine with a $300M soft loan, and USAID will mobilize another $1.75B to support farmers.

Canada will provide Ukraine with a $300M soft loan, and USAID will mobilize another $1.75B to support farmers. The MoF signed a fourth additional agreement with the Canadian government regarding a CAD 400M ($300M) loan. The loan is for ten years with an annual interest rate of 1.5%. The grace period is 4.5 yea...

Friday, October 11

A German rapeseed processing giant has opened a representative office in Ukraine.

A German rapeseed processing giant has opened a representative office in Ukraine. Getreide AG, one of Germany’s leading rapeseed processors, officially opened a representative office in Ukraine at the beginning of October. The branch’s opening was necessary because the ...

Wednesday, October 9

In one of Ukraine’s regions, land prices have risen to record levels during the war.

In one of Ukraine’s regions, land prices have risen to record levels during the war. Land prices have always depended not only on its quality but also on the plot’s geographical location. Before the war, the most expensive land in Ukraine was in the central region. However, with...

Monday, October 7

Bayer has disclosed the details of its €60M investment project in the Zhytomyr region.

Bayer has disclosed the details of its €60M investment project in the Zhytomyr region. 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 th...

Thursday, October 3

Piraeus Bank joins leaders from the business community to discuss strategic planning at the War & Business event hosted by UBN.

Piraeus Bank joins leaders from the business community to discuss strategic planning at the War & Business event hosted by UBN. Piraeus Bank in Ukraine has reinforced its commitment to supporting business resilience and economic planning through its role as the general sponsor of the recent War & Business: Planning for an ...

Wednesday, October 2

This season, exports of Ukrainian grains and oilseeds may fall to an eight-year low.

This season, exports of Ukrainian grains and oilseeds may fall to an eight-year low. In August and September, Ukraine usually ships grain actively in all directions. But this year, ports and oil storage facilities are empty due to several factors that have affected the logistics marke...

Tuesday, October 1

Will Ukrainian farmers benefit from joining the EU?

Will Ukrainian farmers benefit from joining the EU? Ukrainian farmers can receive €7.6-€13.5B per year within the EU’s Common Agricultural Policy (CAP) framework. This could create a severe fiscal burden on other member states, which is an argument aga...

Monday, September 30

Land reform in Ukraine has been launched, and in the coming years land prices may increase by 20% – Ministry of Agrarian Policy.

Land reform in Ukraine has been launched, and in the coming years land prices may increase by 20% – Ministry of Agrarian Policy. Since the land market’s opening in 2021, the price of land in Ukraine has increased from ₴39,000/hectare to ₴46,000/hectare in 2024, and its value may increase by approximately 20% in the follow...

Thursday, September 26

Analysts name the main systemic challenges of Ukraine’s agrarian European integration.

Analysts name the main systemic challenges of Ukraine’s agrarian European integration. In May 2024, the EU Council extended the duty-free trade regime for Ukraine until June 2025. Until then, the parties will update the Association Agreement and establish the expected terms of trade bef...

Wednesday, September 25

Spain and Bulgaria call on the EU to limit the import of several agricultural products from Ukraine.

Spain and Bulgaria call on the EU to limit the import of several agricultural products from Ukraine. Minister of Agriculture of Bulgaria Giorgi Takhov said that the EC should ban the import of Ukrainian eggs to Bulgaria. In the first half of 2024, exports reached 2,618 tons, 400% higher than last yea...

Monday, September 23

The wheat harvest exceeds Ukraine’s domestic needs by almost 300%, and sunflower oil exports are higher than pre-war indicators.

The wheat harvest exceeds Ukraine’s domestic needs by almost 300%, and sunflower oil exports are higher than pre-war indicators. Prime Minister of Ukraine Denys Shmyhal reported that Ukrainian farmers have collected about 40 million tons of new harvest. This year’s wheat harvest will amount to about 22 million tons. Domes...

Thursday, September 19

Drought in Ukraine threatens the next grain harvest.

Drought in Ukraine threatens the next grain harvest. Drought in the Black Sea region, particularly in Ukraine, has slowed the sowing of winter crops, which make up a significant part of Ukraine’s grain production. According to the industry experts...

Wednesday, September 18

Leasing of Ukraine’s state lands next year will generate ₴8B for the budget.

Leasing of Ukraine’s state lands next year will generate ₴8B for the budget. Through the Land Bank’s implementation, Ukraine will receive several billion hryvnias from the lease of state lands next year, which will contribute to the country’s economic development, ...

Monday, September 16

After Russia attacked a ship in the Black Sea, world prices for wheat rose sharply, but Ukraine continues to export.

After Russia attacked a ship in the Black Sea, world prices for wheat rose sharply, but Ukraine continues to export. Wheat futures increased by 2.2% after Ukraine announced that a Russian missile hit a grain tanker in the Black Sea. Wheat futures rose to $5.9175 per bushel, the highest price since July 2024. 68.6 mi...

Thursday, September 5

Ukrainian agricultural producers will have access to the financial resources of the IFAD.

Ukrainian agricultural producers will have access to the financial resources of the IFAD. The Ukrainian Parliament adopted a decision on Ukraine’s accession to the International Fund for Agricultural Development (IFAD). This will give Ukrainian agricultural producers access to new financia...

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