The Kakhovka Dam Disaster in Ukraine has increased wheat prices and threatens global food security. On the morning of June 6 wheat prices increased by 3% to approximately $6.40 per bushel, according to Barchart Trader. Also, Chicago wheat rose more than 2% to a nearly three-week high. The Kakhovka d... #GrainHarvestUkraine #GrainPrices #KakhovkaHPP #KakhovkaHPPdestruction #Ukrainianwheatprice
Two dry ports for agricultural exports are to be built in western Ukraine. The new grain facilities will be constructed in the Volyn region, said the head of the regional department of agro-industrial development, Yuriy Yurchenko. He clarified that new construction is underw... #agroexportukraine #DryPort #grainexport #NewDryPortUkraine #YuriyYurchenko
The EU plans to extend the embargo on the import of Ukrainian grain. The European Commission has not decided regarding the extension of restrictions on importing agricultural products from Ukraine to five neighboring EU countries, EC spokeswoman Miriam Garcia Ferrer sa... #agroexportukraine #GrainCrisis #GrainEmbargo #MiriamGarciaFerrer #UkraineGrainExport
Ukraine responded to the EU grain embargo by banning the export of sugar. A shortage of this product is expected in Hungary because the country is its largest importer from Ukraine. According to ObservatorNews, from October 2022 to April 2023 it imported almost 85,000 tons ... #agroexportukraine #GrainEmbargo #RomaniaImportSugar #RomanianSugarImports #SugarExport #SugarfromUkraine
Ukraine is preparing for sea exports without a grain agreement and will compensate war-damaged ships. The Ministry of Infrastructure reported that the government had approved a procedure for indemnifying civilian vessels entering its ports for damages. Launching the damage compensation mechanism will ... #MilitaryRiskInsurance #UkraineSeaPorts #UkrainianShipInsurance #WarRisks
The volume of Ukrainian agricultural exports in May hit a 9-month low. In May, the total export of agricultural products from Ukraine decreased by 3% compared to April, to 5.1 million tons, according to the agricultural association. It is noted that the grain corridor ha... #agroexportukraine #GrainAgreement #GrainCorridors #UkraineExport
Ukrainian farmers predict a 36% reduction in grain and oilseed crops. The Ukrainian Grain Association (UGA) has given a preliminary estimate of the potential 2023 harvest at 68 million tons of grain and oilseeds, 36% less than 2021’s pre-war figure, 106 million. Last ye... #GrainHarvestUkraine #HarvestUkraine2023 #SowingUkraine #Ukrainianfarmers
Ukraine has increased imports of agricultural products from the EU by €285M. Data for the first quarter shows that Ukraine imported more than €914M in agricultural products from the EU. This is €285M more than the import figure for the same period in 2022 and €107M more than t... #AgroImportUkraine #HumanitarianAid #UkraineImport #VegetablesImport
Ukraine insists on lifting restrictions on agricultural exports to the EU. At a meeting of the EU Council in Brussels, the Minister of Agricultural Policy of Ukraine, Mykola Solskyi, said that Ukraine and the EU should find a solution through joint consultations. According t... #agroexportukraine #GrainCrisis #MykolaSolsky #UkraineExport
Ukraine plans to attract foreign investors to construct grain elevators on the borders with the EU. The relevant Committee of the Ukrainian Parliament has developed a draft law to help attract foreign investment to build a land corridor to export Ukrainian agricultural products. “This will contribut... #AgroInvestments #agroUkraine #GrainElevator #GrainStorage #OleksandrHaydu
Ukrainian Railways has increased grain delivery to seaports after grain corridor initiative shipments resumed. According to top UZ manager Valery Tkachev, during the week the volume of unloaded grain trucks in the ports increased by almost 480% from 92 to 535 wagons per day. In addition, the number of wagons ... #GrainAgreement #grainexport #IzmailSeaPort #OdesaSeaport #UkrainianRailways #ValeryTkachev
Ukrainian farmers’ losses due to the war have reached $3.9B. The largest losses were suffered by small farmers specializing in crop and livestock production, the UN FAO reported. According to a survey’s result, the number of small producers in Ukraine decreased... #AgroLossesUkraine #agroUkraine #FAO #FarmersUkraine
Russia violates the grain agreement: exports from Ukraine have fallen by 78%, and losses have reached $1B. The Deputy Minister of Infrastructure of Ukraine, Yurii Vaskov, said that due to the Russian Federation’s actions, the Southern Port was forced to suspend operation. All ships within the grain corrido... #agroexportukraine #GrainAgreement #grainexport #PivdennyiSeaPort #YuriiVaskov
The unloading of grain in the ports of Odesa is decreasing despite the grain initiative. Ukrainian Railways continues to record a significant decrease in grain unloading rates in the ports of Greater Odesa, the company’s top manager Valery Tkachev said. He specified that the rate of... #agroexportukraine #GrainAgreement #grainexport #ValeryTkachev
The Ukrainian agricultural sector’s losses from the war amount to $40.2B, according to the Center for Food and Land Use Research at the Kyiv School of Economics’ calculations. In particular, the Ukrainian agricultural sector has suffered $8.7B in direct losses. Since Novemb... #AgroLossesUkraine #agroUkraine #WarinUkraine
With the help of Turkey and the UN, the Ukraine grain initiative has been extended for 60 days. According to Turkish officials, a deal allowing Ukraine to export crops from key ports via the Black Sea is set to be extended until July 18th, with Russia agreeing to stay in the beleaguered pact. Mo... #agroexportukraine #GrainAgreement #Ukrainiangrain
Ukraine plans to sow a 12-year record wheat area. Farmers have already planted 247,000 hectares of spring wheat by mid-May out of the planned 285,000 hectares, the Ministry of Agrarian Policy of Ukraine reported. They noted that the last time similar... #agroUkraine #Grainsowing #SowingUkraine #WheatProduction
Ukraine assumes the grain corridor will cease on May 18, so it is preparing plan B. Negotiations regarding the extension of the agreement have reached an impasse, and no additional meetings are planned, according to a representative from the Ministry of Foreign Affairs of Ukraine. Ac... #agroexportukraine #AndriyKlymenko #GrainAgreement #SerhiyLabaziuk #Ukrainiangrain
Despite the war, Ukrainian farmland is becoming more expensive. The price of Ukrainian agricultural land increased by an average of 20% in January-April 2023, Deputy Minister of Agrarian Policy Denis Bashlyk said. He added that the land value increase is observed ... #agroUkraine #DenysBashlyk #FarmLand #FarmLandPriceUkraine
Ukraine and the European Commission will create a consultative group to monitor issues related to the export of Ukrainian grain. During a press conference in Kyiv with the president of the European Commission, Volodymyr Zelenskyy called on neighboring countries and the EU states to refrain from any decisions regarding trade wit... #GrainCrisis #GrainExportUkraine #UrsulavonderLeyen #Zelenskyy
More than 2 100 wagons with grain are in a queue at the port of Izmail, which fulfills the annual cargo handling plan in a record five months. As of May 8 4,978 loaded wagons were moving toward Izmail, of which 2,168 contain grain cargoes, Ukrainian Railways top manager Valery Tkachev said. At the same time, grain unloading by port operators... #agroexportukraine #GrainExportUkraine #IzmailSeaPort #UkrainianRailways #ValeryTkachev
Nibulon is investing in constructing a large elevator and a mill at the port of Izmail. New investment by one of Ukraine’s largest grain market operators will increase shipments from the current 170,000 tons of grain per month to a potentially possible 300,000 tons. To realize this... #agroexportukraine #AgroInvestments #agroUkraine #GrainElevator #GrainStorage #nibulon
The grain corridor’s operation is on the verge of failure. The Joint Coordination Center in Istanbul could not agree on permits for new vessels to participate in the Black Sea Grain Initiative, stated Farhan Haq, the official representative of the UN Secretar... #agroexportukraine #FarhanHaq #GrainAgreement #GrainCorridors #MevlütÇavuşoğlu #RebeccaGreenspan
Moldova wants to ban the import of Ukrainian grain, and Ukraine is preparing measures in response. According to the Ministry of Agriculture of Moldova, Minister Volodymyr Bolya met with EU Ambassador Jānis Mažeiks to announce applying temporary measures identical to those introduced in some EU coun... #agroexportukraine #GrainCrisis #TarasKachka #VolodymyrBolya
One of the largest agricultural holdings is investing $10M in a new grain terminal on the Danube. Kernel plans to build a new transshipment terminal, Development Reni Terminal, in the port Reni on the Danube by the end of 2023. The company reported that the terminal will be built on a plot of land... #AgroInvestments #agroUkraine #GrainTerminal #Kernel
The European Commission has banned the import of Ukrainian products to five EU countries for one month. The ban applies to four agricultural products – wheat, corn, rapeseed, and sunflower seeds. These are now prohibited from being sold to Bulgaria, Hungary, Poland, Romania, and Slovakia. The EC n... #agroexportukraine #GrainCrisis #Ukrainiangrain
Due to the occupation, 24% of arable land in Ukraine will remain unsown. Accordingly, the gross collection of agricultural products will drop by approximately 25% from the pre-war level, said First Deputy Minister of Agricultural Policy Taras Vysotskyi. He reminded observe... #agroexportukraine #agroUkraine #SowingUkraine #TarasVysotskyi
Grain crisis: the EC has banned the import of Ukrainian sunflower oil to Poland, and Hungary imposed an embargo on 25 types of Ukrainian foods. The European Commission has expanded the list of goods subject to an import ban to Poland from Ukraine, adding sunflower oil. However, the transit of these products will be allowed. Polish Minister of... #agroexportukraine #GrainCrisis #PeterKullgren #RobertTelus
Poland wants to ban the import of Ukrainian agricultural products through the end of the year. In negotiations with the European Commission, the country seeks to extend the ban on imports until the end of 2023, said Polish Minister of Agriculture Robert Telus. “It is significant for us that the... #agroexportukraine #RobertTelus
Poland clarified the terms of transit of Ukrainian grain and increased the number of ports. According to the Minister of Development and Technology of Poland, Waldemar Buda, from April 28, Gdańsk, Gdynia, Świnoujście, and Szczecin will be joined by Kolobrzeg in the east of the country, which... #agroexportukraine #UkrainianGrainTransit #WaldemarBuda
Five countries have asked the European Commission to expand the list of prohibited imports from Ukraine. The letter was written by the agriculture ministers from Bulgaria, Poland, Romania, Slovakia, and Hungary. They believe transit-only imports should cover a broader range of products than wheat, corn, ... #agroexportukraine #GrainCrisis
The Polish business community is outraged by the import ban on Ukrainian agricultural products. The statement from the Polish-Ukrainian Chamber of Commerce emphasizes that the Polish authorities introduced the ban without consulting the business community. This decision poses problems for both U... #agroexportukraine #JacekPiehota
The EU will introduce external restrictions on grain imports from Ukraine under pressure from Eastern European countries. According to the FT, EU members are discussing banning imports of wheat, corn, oilseeds, and sunflower seeds to the bloc’s four countries bordering Ukraine and Bulgaria by June, except for re-ex... #agroexportukraine #GrainCrisis #UrsulavonderLeyen
The EU will allocate €100M to farmers in five countries amid the Ukrainian grain crisis. The European Commission will adopt a new support package for EU farmers affected by the influx of Ukrainian agricultural products, the chief EC spokesperson said in Brussels. The member states have ag... #Farmers #GrainCrisis #Ukrainiangrain
On Monday, Russia blocked ship inspections in the Bosphorus for the second time. According to the Ministry of Infrastructure of Ukraine, since April 10 the Russian contingent in the Joint Coordination Center in Istanbul unilaterally stopped registering vessels originating from Ukr... #GrainAgreement #ShipInspection #Ukrainiangrain
Ukraine concerned over significant potential losses from the export ban on agricultural products to EU countries. These losses will be significant due to the ban on transit and a stoppage of the Grain Initiative, said the head of the parliamentary committee on Finance, Danylo Hetmantsev. According to him, Hungary... #agroexportukraine #DanyloHetmantsev #GrainfromUkraine
The Zhytomyr region plans to attract $5M to grow industrial hemp. According to a former mayor of Glukhov, Michel Tereshchenko, the region is developing a cultivation cluster for technical industrial hemp to revive the country’s textile industry. It is assumed that p... #HempCultivation #MichelTereshchenko #TextileIndustryUkraine
The Netherlands allocates €100M for agricultural companies, and Spain and the EBRD provide another €100M in guarantees for Ukraine’s food security. The funds will also go towards the purchase of generators to ease the course of the next winter, said Dutch Foreign Trade Minister Liesje Schreinemacher. So, €40M is targeted as financing for agricult... #agroUkraine #LiesjeSchreinemacher #LoansforFarmers #NetherlandsAid
Bulgaria complains to the European Commission about Ukrainian grain. The country demands additional protection for its agricultural producers and reminds the EC about the €16.75M provided in the EC’s crisis reserve. The state’s position was voiced by the Minister of Ag... #GrainfromUkraine #Ukrainiangrain #YavorGenov
The UN predicts the world’s second-largest wheat harvest. According to the Food and Agricultural Organization of the United Nations (FAO), the 2023 global wheat harvest will be about 786 million tons, the second largest output on record and only 1.3% below t... #FAO #UkraineWHeatharvest #WheatHarvest
Ukraine will temporarily stop grain exports to Poland and update transit rules, while Hungary seeks to impose restrictions. Ukraine and Poland will develop new regulations for the transit of crops during the next week, agreed agriculture ministers of both countries, Mykola Solskyi and Robert Telus. According to Solskyi, th... #MykolaSolsky #RobertTelus #UkraineGrainExport
World food prices decreased during the last year. Wholesale food prices fell for the 12th consecutive month due to lower global quotations for grain and vegetable oils. The FAO food price index in March 2023 was 126.9 points, 2.1% less than the previ... #FAO #WorldFoodPrices
Farmers warn of further product price increases in Ukraine. Yield indicators in 2023 will be negatively affected by the reduction of cultivated areas, increases in fertilizer prices, the mobilization of farmers, and the reorientation from grain crops to oilsee... #agroUkraine #FarmersUkraine #IvanSlobodianyk
Bayer reveals its €60M investment plans in Ukraine. The German company Bayer will increase the planned €35M investment package to €60M in order to expand a plant that produces corn seeds in Pochuyki, Zhytomyr region. The funds will be used for the cons... #AgricultureInvestments #Bayer #CornProductionUkraine
Ukrainian Railways increased exports of all goods except for grain. In March, the company exported 5.3 million tons of freight (+73.4%) compared to last year’s period and a 4% increase from February, said UZ top manager Valery Tkachev. In March, UZ reached recor... #UkraineGrainExport #UkrainianRailways #ValeryTkachev
Foreign companies will invest in Ukraine’s agricultural sector if they have war-risk insurance. The Deputy Minister of Agrarian Policy, Denys Bashlyk, believes that foreigners will invest in Ukraine’s agricultural sector of Ukraine only with the provision of war-risk insurance for businesses. Ba... #AgroInvestments #agroUkraine #DenysBashlyk #RobertHabek
In March Ukraine set a record for the export of agricultural products since the beginning of the war. Ukraine shipped 7.8 million tons of farm products last month, which is 12% more than in February. This is the largest figure since the beginning of the war, said the Ukrainian Agrarian Business Club. ... #agroexportukraine #UkraineExport #Ukrainiangrain
Ukraine increased sugar exports fivefold, particularly to Europe. During the seven months of the current marketing year, September 2022 – August 2023, Ukraine exported 265,000 tons of sugar, which is 4.8 times more than during the previous marketing year, note... #NazarMykhailovin #SugarExport #SugarProductionUkraine
The World Bank has restructured $132M as soft loans for Ukrainian farmers. The WB, within the framework of the Acceleration of Private Investments in the Agriculture of Ukraine program, which began in 2019 with a total volume of $200M, will allow the use of the remaining $13... #agroUkraine #FarmersUkraine #WorldBankLoan
Poland, Slovakia, Hungary, Romania, and Bulgaria are asking for relief of the problem of the Ukrainian agricultural product surplus. The leaders of these five EU member states declared an oversaturation of their domestic agricultural product markets because Ukrainian goods do not reach their destinations. The prime ministers of Pol... #agroexportukraine #UrsulavonderLeyen
