Agriculture

Tuesday, March 18

New developments in the Ukrainian agricultural market this spring: a review of new projects.

New developments in the Ukrainian agricultural market this spring: a review of new projects. A flour milling plant with a daily processing capacity of 120 tons of wheat is being built in Cherkasy. The production will be fully automated and equipped with machinery obtained from Turkish ÇIFT Ka...

Sunday, March 16

The international order is shifting dramatically under Trump – what does it mean for Ukraine?

The international order is shifting dramatically under Trump – what does it mean for Ukraine? Ukraine Business Network (UBN Network) and Ukraine Business News (UBN) held a live event titled “War & Investments” in Kyiv on March 14. The main topic of discussion was Ukraine’s outl...

Wednesday, March 12

Ukraine looks to become a key biomethane supplier to the EU, aiming for a 20% market share.

Ukraine looks to become a key biomethane supplier to the EU, aiming for a 20% market share. According to Heorhiy Heletukha, the head of the Bioenergy Association of Ukraine, Ukraine is on track to become the primary supplier of biomethane to Europe. He noted that in the future, the proportio...

Monday, March 10

Vitagro has invested $50M in agro-processing and expanding its land bank.

Vitagro has invested $50M in agro-processing and expanding its land bank. Since the onset of the full-scale war, the Vitagro group of companies has invested over $50M of its own funds to process and grow its land bank from 60,000 hectares to more than 90,000 hectares. Accor...

Wednesday, March 5

The Ukrainian agricultural sector can boost its gross output by 400% with $80B in investment.

The Ukrainian agricultural sector can boost its gross output by 400% with $80B in investment. According to Leonid Kozachenko, President of the Ukrainian Agrarian Confederation, achieving this 400% increase in agricultural output requires $75-80B in investment. Investment must continue for at l...

Astarta will build a new $76M oilseed plant in the Khmelnytskyi region.

Astarta will build a new $76M oilseed plant in the Khmelnytskyi region. The Board of Directors of Astarta Holding has approved a decision to commence a new investment project – the construction of an oilseed processing facility, particularly soybeans and rapeseed, in the ...

Friday, February 28

Kyiv is looking to broaden access to the European market for Ukraine’s goods.

Kyiv is looking to broaden access to the European market for Ukraine’s goods. Deputy Economy Minister Taras Kachka noted that Ukraine is relying on the continuation of autonomous trade preferences in the EU after June 5, 2025, and is actively collaborating with its partners to ...

Ukraine is predicting an increase in agricultural production this year.

Ukraine is predicting an increase in agricultural production this year. In 2025, the volume of gross agricultural output may rise by 3% compared to 2024, according to the Institute of Agrarian Economics. This positive trend is attributed to a degree of stabilization withi...

Thursday, February 27

The construction of two agro-processing plants has begun in Ukraine’s largest industrial park, with two more planned.

The construction of two agro-processing plants has begun in Ukraine’s largest industrial park, with two more planned. These two new agriculture processing plants are being developed in the Carbon-Neutral Eco-Agro-Hub Podillia-Horodok industrial park (Khmelnytskyi region), which currently spans 150 hectares, making it...

Tuesday, February 25

Four EU countries demand the return to pre-war quotas for Ukrainian agricultural products.

Four EU countries demand the return to pre-war quotas for Ukrainian agricultural products. Hungarian Agriculture Minister István Nagy stated: “We protect the interests of farmers from Ukrainian agricultural products. In a joint letter with my colleagues from Bulgaria, Romania and Slov...

Wednesday, February 19

The transit of Ukrainian agricultural products through the EU have declined by nearly 80%.

The transit of Ukrainian agricultural products through the EU have declined by nearly 80%. Following Russia’s full-scale invasion and blockade of Ukrainian seaports in 2022, Ukraine began actively utilizing land routes for agricultural exports, significantly increasing transit through...

Thursday, February 13

Winning the Economic and Financial War in Ukraine.

Winning the Economic and Financial War in Ukraine. In advance of expected talks upon Trump’s presidency in early 2025, “land for peace” has become the catchphrase uttered by those who want a quick end to the war. Central among the innumerable c...

Another Ukrainian company has begun exporting biomethane to the EU.

Another Ukrainian company has begun exporting biomethane to the EU. A biomethane plant ownded by the agro-industrial holding MHP exported 27,400 cubic meters of biomethane to the EU, making it the second Ukrainian company to export this gas. MHP exported the biomethan...

Tuesday, February 11

The change in the terms of trade between the EU and Ukraine may force farmers to look for new markets.

The change in the terms of trade between the EU and Ukraine may force farmers to look for new markets. If the mechanisms for exporting agricultural products to the EU after the end of the autonomous trade measures (ATM) change, then supplies of Ukrainian wheat to this market may decrease, the grain ass...

Monday, February 10

Ukraine has started supplying biomethane to the EU.

Ukraine has started supplying biomethane to the EU. The State Customs Service has completed the customs declaration required to move the first batch of biomethane across Ukraine’s customs border for export to Europe by pipeline. “Ukraine ha...

Wednesday, February 5

What agricultural products did Ukraine purchase abroad in 2024?

What agricultural products did Ukraine purchase abroad in 2024? Last year, the Institute of Agrarian Economics reported that agricultural products worth $7.82B were imported to Ukraine, which is 9.7% more than in 2023. The structure of these imported supplies is d...

In response to EU quotas, Ukraine has reoriented its sugar exports to new markets, and shipments have increased by 17%.

In response to EU quotas, Ukraine has reoriented its sugar exports to new markets, and shipments have increased by 17%. In the first five months of the 2024/25 marketing year (September-January), Ukraine exported more than 352,000 tons of sugar, which is 17% more than in the same period last season. The entire export v...

Tuesday, February 4

What is the current price for land in Ukraine, and how has it changed since the Land Market opened in 2021?

What is the current price for land in Ukraine, and how has it changed since the Land Market opened in 2021? According to industry experts, the price of land at the beginning of trade in Ukraine’s agricultural land market in 2021 was ₴32,972 per hectare, roughly €1,000 at the 2021 exchange rate. Despit...

What threats are facing the Ukrainian agricultural market at the beginning of the year?

What threats are facing the Ukrainian agricultural market at the beginning of the year? Minister of Agricultural Policy Vitaly Koval said that the USAID suspension would negatively affect the Ukrainian agricultural sector, as many producers were waiting for the supply of equipment that h...

Friday, January 31

Ukraine has proposed implementing a schedule for exporting agricultural products to maintain duty-free trade.

Ukraine has proposed implementing a schedule for exporting agricultural products to maintain duty-free trade. The Ministry of Agrarian Policy has suggested a new mechanism for the export of Ukrainian agricultural products to the EU. This proposal arises because, according to RMF24, the EU plans not to extend ...

Tuesday, January 28

Businesses plan to build a system of private vegetable storage facilities in Ukraine.

Businesses plan to build a system of private vegetable storage facilities in Ukraine. The Ministry of Agrarian Policy stated that in 2025 Ukraine plans to build a private network of vegetable storage facilities with the help of private businesses. Large companies produce only 450,000 t...

Thursday, January 23

Farmers are actively developing grain storage infrastructure.

Farmers are actively developing grain storage infrastructure. The Podillia agrobusiness processes 1,600 hectares of sown land (sunflower, wheat, corn, soybeans) and before building its own elevator, grain had to be stored either in warehouses or through the serv...

The Ukrainian agricultural sector has suffered $80B in losses and lost 25% of its sown area due to the war.

The Ukrainian agricultural sector has suffered $80B in losses and lost 25% of its sown area due to the war. As stated by the General Director of the Ukrainian Agrarian Club, Oleg Khomenko: “Direct and indirect losses for agriculture during the war exceed $80B. This includes infrastructure, production ...

Wednesday, January 22

The Ministry of Agrarian Policy supports the privatization of all non-core assets in the agro-industrial complex.

The Ministry of Agrarian Policy supports the privatization of all non-core assets in the agro-industrial complex. Minister of Agrarian Policy Vitaliy Koval noted that all state-owned agro-industrial enterprises and agricultural complexes should be privatized as soon as possible. New owners should be found for all...

Friday, January 17

Farmers from Ukraine have started buying and renting land in Poland: how much does a hectare cost?

Farmers from Ukraine have started buying and renting land in Poland: how much does a hectare cost? Because of the favorable conditions for farming, demand for land in Poland is growing among Ukrainian farmers. Land prices in Poland vary significantly depending on the region, purpose, and other fact...

Wednesday, January 15

Ukraine opened 16 new agricultural export markets last year; what was traded?

Ukraine opened 16 new agricultural export markets last year; what was traded? Last year, the Ministry of Foreign Affairs and the State Service for Food and Consumer Protection helped Ukrainian agricultural producers open access to 16 new foreign markets. State officials note th...

Monday, January 13

Ukraine has produced the first million cubic meters of biomethane, and the selection of communities to launch waste-fired CHPs is underway.

Ukraine has produced the first million cubic meters of biomethane, and the selection of communities to launch waste-fired CHPs is underway. The first two biomethane producers in Ukraine pumped their first million cubic meters of biomethane into underground gas storage facilities in the last months of 2024, said the head of the Bioenergy A...

Friday, January 10

Agricultural trade between Ukraine and France reached $750M last year; planned cooperation in the farm sector will accelerate our country’s European integration.

Agricultural trade between Ukraine and France reached $750M last year; planned cooperation in the farm sector will accelerate our country’s European integration. For Ukraine and France, 2024 ended with good results in the mutual trade of agricultural products, said the Minister of Agricultural Policy of Ukraine, Vitaly Koval. “In 2024, agricultural trade...

Land prices in Ukraine jumped by 21% in a year – Ministry of Agrarian Policy.

Land prices in Ukraine jumped by 21% in a year – Ministry of Agrarian Policy. During 2024, 106,669 land plots with a total area of 320,660 hectares were sold in Ukraine. The average cost of one hectare last year increased to ₴46,678 ($1,163), compared to ₴38,500 ($960) in 202...

Thursday, January 9

In three months, Land Bank auctions have already brought the state ₴343.7M in annual revenue.

In three months, Land Bank auctions have already brought the state ₴343.7M in annual revenue. The Ministry of Agrarian Policy is satisfied with the results demonstrated by the Land Bank, which launched in Ukraine on October 1 2024. In three months, 266 successful auctions were held, covering a...

Wednesday, January 8

Ukrainian agro holding capitalization increased by more than €3.8B due to improved logistics and changes in global agricultural markets.

Ukrainian agro holding capitalization increased by more than €3.8B due to improved logistics and changes in global agricultural markets. According to calculations from industry experts, the total capitalization of agro holdings (MHP, Kernel, Agroton, Astarta-Kyiv, AgroGeneration, Milkiland, IMC, KSG Agro, Ukrprodukt, Agroliga) in the f...

Monday, January 6

Ukraine has reached pre-war levels of agricultural exports.

Ukraine has reached pre-war levels of agricultural exports. In 2024, Ukraine achieved its pre-war volume of agrarian exports, totaling $24.5B or 59% of total exports, said Minister of Agricultural Policy Vitaly Koval. “This is the second historical recor...

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...

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