Agriculture

Wednesday, July 17

Due to the war, Ukrainian farmers have already lost more than $50B, and the heat will deprive Ukraine of 5 million tons of harvest.

Due to the war, Ukrainian farmers have already lost more than $50B, and the heat will deprive Ukraine of 5 million tons of harvest. Since the beginning of the full-scale invasion, the agricultural infrastructure of Ukraine has suffered losses of more than $50B, said the Deputy Chairman of the All-Ukrainian Agrarian Council, Denys ...

Wednesday, July 10

The Agricultural Investment Fund expects that leasing state land will bring ₴1B this year.

The Agricultural Investment Fund expects that leasing state land will bring ₴1B this year. The Agrarian Investment Fund state enterprise manages 104,000 hectares of state agricultural land. According to the foundation’s chairman, Yaroslav Yaroslavskyi, the fund’s task is to gene...

Tuesday, July 9

Half a million hectares were sold in three years. How much is the land worth?

Half a million hectares were sold in three years. How much is the land worth? After the opening of Ukraine’s land market, 567,322 hectares of agricultural land were sold. In total, 253,416 land plots were sold at an average price of ₴41,000 ($1,007 at the current exchange...

Monday, July 8

The Ministry of Agrarian Policy improves its harvest forecast by 5%.

The Ministry of Agrarian Policy improves its harvest forecast by 5%. The Ministry of Agriculture revised the forecast for the future harvest, increasing it from 74 to 77 million tons, of which 56 million tons will be grains and legumes and 21 million tons oil crops, sa...

Ukraine can produce up to 10 billion cubic meters of biogas annually if $20B is invested in the industry.

Ukraine can produce up to 10 billion cubic meters of biogas annually if $20B is invested in the industry. The head of the Ministry of Agrarian Policy, Taras Vysotskyi said: “Ukraine can potentially produce up to 10 billion cubic meters of gas per year from available waste, but this would require a f...

Wednesday, July 3

Ukrainian agricultural holding, owned by the government of Saudi Arabia, purchases an elevator in the Lviv region.

Ukrainian agricultural holding, owned by the government of Saudi Arabia, purchases an elevator in the Lviv region. Ukrainian agricultural holding, Continental Farmers Group, which belongs to the Saudi state fund Salic, bought a new elevator, designed to work with all grain and oil crops and able to ship up to 45 w...

Tuesday, July 2

The largest developing countries support the Russian initiative to create its grain exchange.

The largest developing countries support the Russian initiative to create its grain exchange. Representatives of the ministries of agriculture from BRICS (Brazil, Russia, India, China, South Africa), an international organization of the largest developing countries in terms of area and populat...

The Ministry of Agrarian Policy summed up the results of the marketing year: The yield increased to a record level.

The Ministry of Agrarian Policy summed up the results of the marketing year: The yield increased to a record level. Taras Vysotskyi, the Head of the Ministry of Agrarian Policy, said that in terms of production volumes, the marketing year 2023/2024 showed a record yield. He noted: “In 2023, the average grain ...

Monday, July 1

One of Ukraine’s largest agricultural holdings keeps investing during the war.

One of Ukraine’s largest agricultural holdings keeps investing during the war. The Deputy Director of MHP, Serhii Dobrohorsky, said that despite the war the company is investing in its development: the holding purchased grain wagons compatible with European track and increased i...

Wednesday, June 26

Next season, Ukraine will export more than 60% of its agricultural products. Currently, exports are 3% higher than last year.

Next season, Ukraine will export more than 60% of its agricultural products. Currently, exports are 3% higher than last year. In the 2024-2025 marketing year (July-June), Ukraine will be able to export more than 60% of the agricultural products it produces, despite constant shelling of critical infrastructure and problems wi...

Tuesday, June 25

Ukraine has already collected 100 000 tons of grain from the new crop; this season, 56 million tons will be threshed.

Ukraine has already collected 100 000 tons of grain from the new crop; this season, 56 million tons will be threshed. Head of the Ministry of Agricultural Policy, Taras Vysotsky, said that as of June 20, 50,000 tons of the 2024 harvest had been harvested, and this week the figure has exceeded 100,000 tons. The main c...

Monday, June 17

How has the war affected the profitability of agricultural production in Ukraine?

How has the war affected the profitability of agricultural production in Ukraine? According to the Ministry of Agricultural Policy, since July 2023 the profitability of the main crop types has been steadily improving. However, grain production has not yet broken even, and the profi...

Thursday, June 13

Should Ukraine open its land market for EU citizens?

Should Ukraine open its land market for EU citizens? According to Dmytro Lyvch, co-founder of the Center for Economic Recovery, allowing EU citizens and legal entities to enter the Ukrainian land market will benefit both foreigners and Ukrainians. This ...

Monday, June 10

The basis of the Ukrainian negotiating position during its accession to the EU will be a development strategy for the agricultural sector.

The basis of the Ukrainian negotiating position during its accession to the EU will be a development strategy for the agricultural sector. The Deputy Prime Minister for European integration, Olga Stefanishyna, noted at the Strategy for the Development of Agriculture and Rural Areas through 2030 presentation that the agricultural sector i...

Wednesday, June 5

Ukraine’s largest chicken producer sees its profits decrease by 67%, and losses from the war reach $10M.

Ukraine’s largest chicken producer sees its profits decrease by 67%, and losses from the war reach $10M. MHP Agroholding, in the first quarter of the year, earned $16M in net profit, which is less than a third of the result from the first quarter of 2023 ($49M), according to a report from the London Stoc...

Monday, June 3

Ukraine will export some agricultural products to the EU under new rules.

Ukraine will export some agricultural products to the EU under new rules. Acting Minister of Agricultural Policy Taras Vysotskyi said that on June 5, updated rules for duty-free trade in agricultural products with the EU will come into effect and will be valid for one year....

Friday, May 24

How has the war changed Ukraine’s agricultural sector?

How has the war changed Ukraine’s agricultural sector? At the Zmiiv vegetable factory in the Kharkiv region, cucumbers and tomatoes are no longer grown; instead, borscht vegetables and berries are planted in open ground. The company will plant 30 hectares...

Wednesday, May 22

Experts outline the EU’s fears: Ukraine can potentially turn the agricultural market in European countries upside down.

Experts outline the EU’s fears: Ukraine can potentially turn the agricultural market in European countries upside down. Agricultural expert and a founder of Zeminvest Oleksandr Chornyi emphasized that Ukraine has extraordinary agrarian assets that places it among global leaders. “Ukraine ranks sixth in the world ...

Tuesday, May 14

Last year, Ukraine’s export of agricultural products to the EU decreased by 27.5%.

Last year, Ukraine’s export of agricultural products to the EU decreased by 27.5%. According to Eurostat data, the total value of Ukrainian agricultural goods imported by the EU in 2023 decreased compared to 2022 by 27.5%, or by €3.6B, to €9.5B. As a result, Ukraine’s share among EU...

Thursday, May 9

Due to the non-taxation of 40% of the grain harvest, Ukraine has lost billions of dollars.

Due to the non-taxation of 40% of the grain harvest, Ukraine has lost billions of dollars. Against the background of the war, Ukrainian farmers are resorting to “optimization” of grain taxation, which is why about 40% of the grain harvest avoids it altogether. Over the past two ...

Tuesday, May 7

USAID is investing $250M in the Ukrainian agricultural sector, which will increase exports by $1.5B and attract $500M in private investment.

USAID is investing $250M in the Ukrainian agricultural sector, which will increase exports by $1.5B and attract $500M in private investment. Deputy Administrator of USAID Isobel Coleman said: “I am pleased to present the launch of the USAID Harvest program, which is directly aimed at investing in the future of the agricultural sector...

Friday, May 3

The largest Ukrainian chicken producer has increased its market share and decided to acquire a meat processing company for €14M.

The largest Ukrainian chicken producer has increased its market share and decided to acquire a meat processing company for €14M. MHP Agroholding will acquire 100% of corporate rights in a Ukrainian meat processing company for €14M and has already made an initial payment of €3.5M, entitling it to 24.9% of the relevant corporate ...

Wednesday, May 1

The export of agricultural products via the Black Sea corridor has reached pre-war levels.

The export of agricultural products via the Black Sea corridor has reached pre-war levels. After the Russian Federation withdrew from the Black Sea Grain Initiative last summer, 1,300 ships have carried 25 million tons of farm products through the temporary sea route created by Ukraine and ...

Global wheat prices dropped by 25%, and increased supply will continue to drive this trend.

Global wheat prices dropped by 25%, and increased supply will continue to drive this trend. According to the World Bank, global wheat and corn prices fell to three-year lows in the first quarter of 2024. As a result, global prices for corn and wheat decreased compared to the previous quarter...

Tuesday, April 30

In the first quarter, the Ukrainian land market’s capitalization increased by $5.1B.

In the first quarter, the Ukrainian land market’s capitalization increased by $5.1B. KSE Agrocenter analysts stated that this was primarily due to the opening of the market to legal entities on January 1 of this year. It is noted that the former “moratorium lands” are in t...

Monday, April 29

The EC has started working to integrate the Ukrainian agricultural sector into the EU in preparation for accession negotiations.

The EC has started working to integrate the Ukrainian agricultural sector into the EU in preparation for accession negotiations. The European Commission has started explanatory meetings with Ukrainian representatives regarding the implementation of official screening within the section of negotiations on agriculture and the dev...

Thursday, April 25

A Ukrainian agricultural holding will invest $15M into its modernization and plans to increase its agricultural land by 20%.

A Ukrainian agricultural holding will invest $15M into its modernization and plans to increase its agricultural land by 20%. Agroholding TAS Agro plans to invest $15M in the modernization of outdated equipment, the introduction of moisture-saving technologies, and the abandonment of inefficient soil plowing, said the head o...

Wednesday, April 24

The European Parliament approves restrictions on the import of Ukrainian food, costing Ukraine €331M.

The European Parliament approves restrictions on the import of Ukrainian food, costing Ukraine €331M. The European Parliament approved the extension for a year (from June 6) of duty-free trade in Ukrainian agricultural products while introducing new import restriction levels to appease EU protesters. ...

Monday, April 22

In the first quarter, the volume of Ukrainian agricultural exports dropped by 4%.

In the first quarter, the volume of Ukrainian agricultural exports dropped by 4%. In the first quarter of 2024, Ukraine’s export of agri-food products amounted to about $6.5B, which is 4% less than in the first quarter of 2023. It is noted that revenues from the sale of meat ...

Thursday, April 18

Instead of buying, businesses are selling agricultural land in Ukraine.

Instead of buying, businesses are selling agricultural land in Ukraine. Ukrainian companies sold at least 1,283 hectares as of March 18, 2024. Since the beginning of 2024, at least 342 land plots have been sold. Since the land market was opened for legal entities, despite...

Wednesday, April 17

Ukraine’s accession to the EU will trigger a reform of the bloc’s Unified Agricultural Policy,

Ukraine’s accession to the EU will trigger a reform of the bloc’s Unified Agricultural Policy, said the Minister of Agriculture of Poland, Czeslaw Siekierski. “Ukrainian authorities will soon start negotiations on joining the EU. This process will force the EU to reform the Unified Agricu...

Tuesday, April 16

What position did Ukraine hold among globabl exporters of agricultural products before the full-scale war?

What position did Ukraine hold among globabl exporters of agricultural products before the full-scale war? As KSE-Agrocenter analysts noted, over the past two decades Ukraine has gradually become the world’s main supplier of agricultural products. Before the full-scale invasion, agriculture produced ...

The war has caused $10.3B in damages to the agricultural sector and $70B in economic losses.

The war has caused $10.3B in damages to the agricultural sector and $70B in economic losses. The Russian invasion damaged $10.3B of tangible assets belonging to Ukraine’s agro-industrial complex, with damage to agricultural machinery accounting for almost 57% of all losses, or $5.8B. In...

Monday, April 15

Due to new EU restrictions and increased control over transporters, Ukrainian farmers should look for alternative sales markets.

Due to new EU restrictions and increased control over transporters, Ukrainian farmers should look for alternative sales markets. Deputy Minister of Agricultural Policy Taras Vysotskyi said that, starting in June, the EU will introduce restrictions on importing certain types of Ukrainian agricultural products if their supply exc...

Friday, April 12

Russia’s attacks on Odesa will reduce grain exports by three million tons.

Russia’s attacks on Odesa will reduce grain exports by three million tons. The attacks on the area’s infrastructure, particularly near the port, may reduce the export of Ukrainian grain in April from eight to five million tons. “During the first 10 days of April, Ukrai...

Wednesday, April 10

Ukraine must “cut” its agricultural sector to join the EU.

Ukraine must “cut” its agricultural sector to join the EU. As Politico writes, tariffs on imported Ukrainian agricultural products, which are currently under discussion, are necessary to correct the “inequality” in the trade balance between Ukrain...

The European Parliament and the Council of EU have reached a preliminary agreement on continuing trade liberalization with Ukraine.

The European Parliament and the Council of EU have reached a preliminary agreement on continuing trade liberalization with Ukraine. Thus, import duties and quotas for the export of Ukrainian agricultural products to the EU will be suspended for another year, until June 5, 2025. However, in the event of a significant disruption to ...

Ukraine feeds the world at too low a cost; export earnings in March amounted to $2B.

Ukraine feeds the world at too low a cost; export earnings in March amounted to $2B. In March, agricultural exports brought $1.318B in trade balance and $2B in export earnings. According to Infoindustry: “If we look at the average price of export products and the average price o...

Friday, April 5

Ukrainian agricultural holdings are investing in their logistics.

Ukrainian agricultural holdings are investing in their logistics. With its own fleet, Kernel will transport products to consumer countries and reduce export logistics costs. Kernel achieved this capacity by acquiring a third vessel – the bulker Rotterdam Pearl...

Thursday, April 4

Ukraine’s agro-industry leaders increased their income by 35% over the last year.

Ukraine’s agro-industry leaders increased their income by 35% over the last year. The total income of the ten leading companies in the agricultural sector increased by 35% in 2023, according to the Opentabatot Index. Market leaders earned almost ₴86.6B, a third more than in 2022 an...

Wednesday, April 3

A land market phenomenon: Here’s why the frontier region has become one of the leaders in land sales.

A land market phenomenon: Here’s why the frontier region has become one of the leaders in land sales. The Sumy region took second and third place in terms of the number of transactions and the total area of plots that were purchased. In 2022, the region was under Russian occupation for almost two mont...

Monday, April 1

Ukrainian and Polish farmers agree on the export of a wide range of products, but not grain.

Ukrainian and Polish farmers agree on the export of a wide range of products, but not grain. Trade negotiations between Ukraine and Poland continue not only between governments but also at the level of agricultural associations. As a result, Ukraine reached an agreement on exporting chicken m...

Friday, March 29

Ukraine and Poland could not agree on unblocking the border; more time is needed.

Ukraine and Poland could not agree on unblocking the border; more time is needed. Minister of Agrarian Policy Mykola Solskyi commented on the meeting results in the tripartite format, Ukraine-Poland-EU. Negotiations on the issues of unblocking the border and finding common position...

Thursday, March 28

Moldova’s largest sunflower oil producer has stopped its plant due to a lack of Ukrainian raw materials.

Moldova’s largest sunflower oil producer has stopped its plant due to a lack of Ukrainian raw materials. The Floarea Soarelui company said that the plant has suspended operations because it cannot purchase enough sunflower seeds on the local market and cannot import them because the import licensing mech...

Under a new duty-free trade project with the EU, Ukraine risks losing more than €330M.

Under a new duty-free trade project with the EU, Ukraine risks losing more than €330M. The Council of the EU has updated the draft agreement that extends duty-free trade with Ukraine. In particular, the demands of Poland and France, supported by Italy, Austria, and Hungary, have been co...

Wednesday, March 27

Additional restrictions on the import of Ukrainian food products to the EU may prolong the war.

Additional restrictions on the import of Ukrainian food products to the EU may prolong the war. The Minister of Agricultural Policy, Mykola Solsky, believes that attempts by France and Poland to expand restrictions on importing Ukrainian products to the EU “will increase the chances for th...

Tuesday, March 26

How the state supports the agricultural sector in 2024: a list of programs.

How the state supports the agricultural sector in 2024: a list of programs. This year, the government expanded the list of programs designed to support farmers who have been working in conditions of war for the third year in a row and, despite these difficulties, continue to ...

Monday, March 25

The UN’s FAO has failed to fulfill its promises to supply seeds, affecting Ukraine’s sowing campaign.

The UN’s FAO has failed to fulfill its promises to supply seeds, affecting Ukraine’s sowing campaign. The Ministry of Agrarian Policy of Ukraine and agricultural associations are unhappy with the work of the UN’s representative office of the Food and Agricultural Organization (FAO) in Ukraine. R...

Friday, March 22

The indissoluble link between business and war: UBN held a second event in Kyiv

The indissoluble link between business and war: UBN held a second event in Kyiv On a still cool but already spring day, amid a tangle of bad news and public concerns about the future hanging in the air of Kyiv’s streets, a circle of selected business investors, entrepreneur...

Due to export issues with the EU, Ukraine is reorienting its sugar exports: 20% was purchased by three African countries.

Due to export issues with the EU, Ukraine is reorienting its sugar exports: 20% was purchased by three African countries. Since the beginning of March, Ukrainian sugar producers began actively selling their products on the African continent. This alternative direction appeared following active lobbying to ban the sale of...

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