Agriculture

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...

Thursday, March 21

The EU has already agreed to extend the preferential trade regime with Ukraine, but is still considering European farmers’ interests.

The EU has already agreed to extend the preferential trade regime with Ukraine, but is still considering European farmers’ interests. The Parliament and the Council of the EU reached a preliminary agreement on continuing trade liberalization measures for Ukraine. The temporary suspension of import duties and quotas to export Ukraini...

Wednesday, March 20

France and Poland propose to limit the import of Ukrainian products to the EU, although Ukrainian exports do not pressure prices in Poland.

France and Poland propose to limit the import of Ukrainian products to the EU, although Ukrainian exports do not pressure prices in Poland. France supported Poland’s calls to restrict the export of agricultural products from Ukraine to the EU. According to EC estimates, this will cost Ukraine €1.2B in trade revenues. France also thr...

Monday, March 18

Despite all the challenges, we continue to move towards the goal: Olha Stefanishyna on the progress and obstacles in European integration.

Despite all the challenges, we continue to move towards the goal: Olha Stefanishyna on the progress and obstacles in European integration. Within the framework of the second event of Ukraine Business Network, where outstanding speakers from both the private and public sectors presented global macroeconomic forecasts for 2024-2025, scenar...

Thursday, March 14

Ukraine’s integration into the EU will change the EU’s agricultural support system.

Ukraine’s integration into the EU will change the EU’s agricultural support system. According to Ukraine’s trade representative, Taras Kachka, the decision of the Committee of the European Parliament to extend duty-free trade for Ukrainian agricultural products was a chance to ...

Due to the war, the amount of land suitable for agriculture has decreased by 26%.

Due to the war, the amount of land suitable for agriculture has decreased by 26%. According to a KSE study, 10.5 million hectares of agricultural land has been affected by the Russian invasion in 2022, and the area of land that can be used for agriculture in 2024 is 32.92 million h...

Wednesday, March 13

Ukrainian agrarians predict an 8% smaller harvest of grain and oil crops this year, hence a drop in exports.

Ukrainian agrarians predict an 8% smaller harvest of grain and oil crops this year, hence a drop in exports. The Ukrainian Grain Association predicts that the 2024 harvest will amount to 76.1 million tons of grain and oilseed, which is 6.5 million tons, or 8%, less than last year. A potential decrease in the...

Monday, March 11

The logistics cost of exporting agricultural products to the ports of Odesa has decreased by 33%.

The logistics cost of exporting agricultural products to the ports of Odesa has decreased by 33%. Logistics costs for the export of farm products through the ports of Odesa in 2023 decreased by 33% compared to 2022, and shipping through the Romanian port of Constanta via the Danube ports by 40%, a...

The EU plans to ban the import of Russian agricultural products.

The EU plans to ban the import of Russian agricultural products. The EC is currently assessing the possibility and impact of blocking the import of farm products from the Russian Federation, the executive vice-president of the EC, Valdis Dombrovskis, said. He added...

Friday, March 8

How will Poland’s total embargo on Ukrainian farm imports affect Ukraine?

How will Poland’s total embargo on Ukrainian farm imports affect Ukraine? Poland is confidently moving toward a complete, indefinite embargo on Ukrainian food. The NBU reports that exports of food products to Poland last year amounted to $1.8B, or 8% of total food exports. ...

Wednesday, March 6

The Ministry of Agriculture of Ukraine assesses the profitability of the farm sector.

The Ministry of Agriculture of Ukraine assesses the profitability of the farm sector. In 2024, profitability will increase for all grain and oil crops. This is forecast provides that the situation with security and exports utilizing sea transport will not become more complicated, and t...

Ukraine plans to reach the pre-war agricultural product export indicators; the main trade route is the Black Sea.

Ukraine plans to reach the pre-war agricultural product export indicators; the main trade route is the Black Sea. In February, Ukraine exported more than five million tons of agricultural products via the Black Sea, Deputy Chairman of the All-Ukrainian Agrarian Council Denys Marchuk said. He clarified that, befor...

Tuesday, February 27

Ukrainian farmers are increasing their orders for the construction of vegetable storage facilities by almost 100%.

Ukrainian farmers are increasing their orders for the construction of vegetable storage facilities by almost 100%. Most orders are private investments, as farming and agricultural companies have seen the prospect of developing the domestic market amid increasing domestic consumer spending. In part, the development...

Monday, February 26

While Ukraine is working to unblock its borders, Poland is preparing significant restrictions on Ukrainian products.

While Ukraine is working to unblock its borders, Poland is preparing significant restrictions on Ukrainian products. Polish authorities plan to restrict Ukrainian products such as sugar, poultry meat, eggs, frozen raspberries, apple juice, sunflower, and rapeseed oil. Thus, the restrictions on grain are planned to b...

Wednesday, February 21

Polish farmers have blocked the railway and dumped grain from the wagons.

Polish farmers have blocked the railway and dumped grain from the wagons. The Polish government has called for an end to the blockade and suggested a full embargo on agricultural goods from Ukraine. On the morning of February 20, Polish farmers intensified their protests ne...

While Ukraine is cutting exports and Poland is blocking its borders, the EU is increasing grain imports from Russia by 900%.

While Ukraine is cutting exports and Poland is blocking its borders, the EU is increasing grain imports from Russia by 900%. The actual volume of grain exports by Ukraine since the beginning of the 2023/2024 marketing year as of February 19 is 27.06 million tons, which is 10.7% less than in the previous season. At the same ...

Tuesday, February 20

The Czech Republic has proposed a new way to resolve problems with agricultural exports from Ukraine.

The Czech Republic has proposed a new way to resolve problems with agricultural exports from Ukraine. Representatives from political parties in the Czech Republic, including opposition parties, together with the country’s Agrarian Chamber, have agreed on the possibility of introducing customs duties i...

Friday, February 16

One of the largest agricultural holdings of Ukraine delivered its products to 44 countries and increased export turnover by 17%.

One of the largest agricultural holdings of Ukraine delivered its products to 44 countries and increased export turnover by 17%. In 2023, Astarta Holding, the largest producer of sugar in Ukraine, delivered more than one million tons of its products to world markets and received €325M in export earnings, 17% more than in 2022. ...

Poland refuses to build an oil pipeline from Ukraine.

Poland refuses to build an oil pipeline from Ukraine. In Poland, a decision has not yet been made regarding the possible construction of a pipeline for the transportation of edible oil from Jagodin, the Volyn region of Ukraine, to the port of Gdansk. The...

Thursday, February 15

Reduction in production and closure of enterprises: How do EU export restrictions threaten the Ukrainian agricultural sector?

Reduction in production and closure of enterprises: How do EU export restrictions threaten the Ukrainian agricultural sector? According to the top manager of the Poultry Union of Ukraine, Serhiy Karpenko, the EU is the primary market for selling several agro-food products from Ukraine. The EU market remains essential for the...

Tuesday, February 13

Due to high demand, Zhytomyr’s sugar factories have resumed work.

Due to high demand, Zhytomyr’s sugar factories have resumed work. Despite military challenges, the agricultural sector in the Zhytomyr region was able to maintain stability, especially in the sugar beet cultivation and production segment. In 2023, the area devoted t...

Ukraine can export a record amount of soybeans this season.

Ukraine can export a record amount of soybeans this season. According to the results of the September-January 2023/24 marketing year, the export of soybeans from Ukraine reached almost 1.9 million tons, which was 17% higher than in the same period of the previ...

Wednesday, February 7

Ukraine imported $7.1B of agricultural products last year; imports increased by 13%.

Ukraine imported $7.1B of agricultural products last year; imports increased by 13%. According to the Institute of Agrarian Economics, in 2023 Ukraine imported agricultural products worth $7.1B, 13% more than in 2022. Last year, the EU countries maintained their position as the leadin...

Tuesday, February 6

Poland wants to introduce additional taxes and quotas for Ukrainian products.

Poland wants to introduce additional taxes and quotas for Ukrainian products. Poland is considering the introduction of an 8% value added tax on oil and restrictions on sugar imports from Ukraine. Michal Kołodziejczak, Deputy Minister of Agriculture of Poland, has supported the...

A Ukrainian agriculture company is constructing an elevator using green technologies.

A Ukrainian agriculture company is constructing an elevator using green technologies. Agrosem received a €1M, five-year loan from Raiffeisen Bank to build a grain elevator with a capacity of 22,000 tons. The facility at the MOST Logistic Terminal will allow farmers to transship 400,000...

Monday, February 5

Polish and Hungarian farmers will protest at the border against imports from Ukraine.

Polish and Hungarian farmers will protest at the border against imports from Ukraine. Polish farmers announced that on February 9, all border crossings with Ukraine will be blocked. In addition, temporary road closures will begin in some voivodships, lasting until March 10. Farmers are...

Thursday, February 1

The EC extended preferential import status for Ukraine, but the most profitable categories will be limited.

The EC extended preferential import status for Ukraine, but the most profitable categories will be limited. The updated rules for Ukrainian agricultural imports to the EU, which will be in effect until June 6, 2025, restrict the import of Ukrainian sugar, poultry meat, and eggs, some of the most profitable ...

Which countries imported the most Ukrainian agricultural products?

Which countries imported the most Ukrainian agricultural products? Last year, Romania topped the ranking of the largest importers of Ukrainian farm products for the first time, buying $2.87B of them. This coutnry’s share in the domestic export of agricultural product...

Wednesday, January 31

Ukraine needs to increase vegetable storage capacity by 60%.

Ukraine needs to increase vegetable storage capacity by 60%. Analysts note that according to pre-war estimates, there were 493 non-specialized vegetable warehouses and 437 potato warehouses in Ukraine. Capacities were concentrated in areas with high production....

Tuesday, January 30

Ukrainian entrepreneurs will be punished for violating the rules for exporting agricultural products to some EU countries.

Ukrainian entrepreneurs will be punished for violating the rules for exporting agricultural products to some EU countries. As Minister of Agricultural Policy of Ukraine Mykola Solskyi said during an online meeting with his Bulgarian counterpart Kyryll Vatev, the government has adopted a resolution that improves the rules ...

Thursday, January 25

Despite record processing volumes, Ukraine’s largest sugar producer’s net profit declines 10%.

Despite record processing volumes, Ukraine’s largest sugar producer’s net profit declines 10%. In the last production year, Astarta processed 2.7 million tons of sugar beets, grown both independently and by agricultural partners, and produced 377,000 tons of sugar at its five sugar factories. T...

Wednesday, January 24

The US improves its forecast for Ukrainian sunflower oil exports, and Kernel increases production by 24%.

The US improves its forecast for Ukrainian sunflower oil exports, and Kernel increases production by 24%. The US Department of Agriculture (USDA) increased its forecast for the exportation of vegetable oils from Ukraine in the current trading season to 6.4 million tons. It is noted that sunflower oil will...

Tuesday, January 23

The EU is preparing “specific” restrictions for the import of Ukrainian agricultural products.

The EU is preparing “specific” restrictions for the import of Ukrainian agricultural products. This week, the European Commission will present changes to EU trade legislation that will introduce restrictions on the importation of Ukrainian farm products to countries neighboring Ukraine, said EC...

Ukraine’s largest grain market operator is asking USAID to expand its railroad fleet.

Ukraine’s largest grain market operator is asking USAID to expand its railroad fleet. The Nibulon company wants to expand its railcar fleet by 250 units and has asked USAID to finance this initiative. Mykhailo Rizak, the grain trader’s top manager, recalled that in 2023, USAID helped N...

Monday, January 22

The EC will present trade measures for Ukraine’s agricultural products and extend the economic visa-free program.

The EC will present trade measures for Ukraine’s agricultural products and extend the economic visa-free program. The European Commission will propose trade measures against Ukraine this week after Bulgaria, Poland, Romania, Slovakia, and Hungary, in a joint letter, demanded import duties on Ukrainian grain, EC t...

Ukraine remains one of the top three suppliers of agricultural products to the EU.

Ukraine remains one of the top three suppliers of agricultural products to the EU. According to the volume of agricultural imports to the EU in the period from January to October 2023, Ukraine remains in third place with an indicator of €12.843B (+ €371M, or +3% compared to the same...

Wednesday, January 17

Ukrainian agricultural exports have encountered another obstacle, created by the Houthis.

Ukrainian agricultural exports have encountered another obstacle, created by the Houthis. The active phase of the allies’ military operation against the Houthi rebels in Yemen has led to a change in trade – in particular, Ukrainian agrarian export sea routes. After January 11, ...

Tuesday, January 16

European farmers demand restrictions on Ukrainian imports and the redirection of grain to other countries.

European farmers demand restrictions on Ukrainian imports and the redirection of grain to other countries. Six European agricultural organizations call on the EU to limit the import of Ukrainian products so as not to endanger the survival of European producers. In May 2022, the EU suspended customs duties ...

Friday, January 12

Ukrainian farmers earned 77% less from the new crop than was expected.

Ukrainian farmers earned 77% less from the new crop than was expected. EBITDA for major crops harvested in 2022 was $47 per hectare in December 2023, while their forecasted value was $206 in February, Agrohub research shows. The actual result is less than one-fourth of t...

Tuesday, January 9

Ukraine needs to build 150 vegetable storage facilities to ensure food security.

Ukraine needs to build 150 vegetable storage facilities to ensure food security. The construction of dozens of modern warehouses for vegetables will allow Ukraine to become independent from product imports, especially in the spring, said Dmytro Solomchuk, a Verkhovna Rada Committe...

Ukraine received almost $400M from the export of sugar.

Ukraine received almost $400M from the export of sugar. In 2023, sugar exports reached 506,000 tons, which allowed Ukrainian producers to earn $390M. For comparison, in 2022 181,000 tons of sugar valued at $139M were delivered to foreign markets.According ...

Monday, January 8

The Polish government has signed an agreement with farmers to open the border with Ukraine in return for restrictions on importing Ukrainian agricultural products to the EU.

The Polish government has signed an agreement with farmers to open the border with Ukraine in return for restrictions on importing Ukrainian agricultural products to the EU. Polish Minister of Agriculture Czesław Siekierski and representatives from the “Deceived Village” movement signed an agreement to unblock the Medyka-Shehyni crossing point. The Polish gove...

Friday, January 5

Capitalization of agricultural holdings decreased by almost €2B.

Capitalization of agricultural holdings decreased by almost €2B. Agricultural holdings’ capitalization decreased during the IV quarter of 2023 compared to the same period in 2022. According to experts, this is related to the internal situation in these compan...

Thursday, January 4

The capitalization of the land market increased by ₴115.1B last year.

The capitalization of the land market increased by ₴115.1B last year. Since the beginning of 2023, the average weighted price for agricultural land has increased by 10.4% to ₴38,500 per hectare ($1,015). It is noted that during the period of market operation, 1% of land...

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