Agriculture

Tuesday, August 15

The US improves its forecast for the Ukrainian grain harvest.

The US improves its forecast for the Ukrainian grain harvest. In its August forecast, the US Department of Agriculture improved the forecast for Ukraine’s wheat harvest in the current marketing year from 17.5 to 21 million tons, and corn – from 25 to...

Monday, August 14

A dry port will be built in Transcarpathia to export grain to Europe.

A dry port will be built in Transcarpathia to export grain to Europe. This project is planned to be implemented in the village of Horonda and will organize the supply of agricultural products to Italy, reported local media. It is planned to allocate more than 40 hectare...

Ukraine, Romania, Moldova, the US, and the EU met to discuss grain export through the Danube.

Ukraine, Romania, Moldova, the US, and the EU met to discuss grain export through the Danube. According to the Minister of Infrastructure Oleksandr Kubrakov, it is necessary to quicken the passage of ships through the canals, increasing the capacity of the Sulina Canal, and organizing addition...

Friday, August 11

It has become much more difficult for Russia to export grain by sea.

It has become much more difficult for Russia to export grain by sea. Russian grain exporters are facing difficulties after Ukraine’s strikes on the Kerch bridge and Russian warships in the port of Novorossiysk. Russian marine terminals on the Sea of Azov have alr...

Wednesday, August 9

Romania is looking for alternatives for exporting Ukrainian grain.

Romania is looking for alternatives for exporting Ukrainian grain. According to Romanian Minister of Foreign Affairs Luminita Odobescu, Bucharest has increased the transit of Ukrainian grain through Romania by expanding capacities at ports and border crossing points....

Tuesday, August 8

Attacks on Russian ships in the Black Sea have led to wheat prices increasing.

Attacks on Russian ships in the Black Sea have led to wheat prices increasing. Wheat prices rose after Ukraine used naval drones to disable a Russian oil tanker and warship. This threatened a key export route for Russian goods through the Black Sea. As Bloomberg writes, Russia, ...

The Time investment group is completing the construction of two plants in the Cherkasy region for UAH 280M.

The Time investment group is completing the construction of two plants in the Cherkasy region for UAH 280M. The group invested more than UAH 100M in the construction of a plant for processing millet into flour, and UAH 180M in a plant for processing corn into groats and flour, company founder Yuriy Tkachenk...

Monday, August 7

Ukraine has already gathered 16.6 million tons of new grain and improves its forecasts.

Ukraine has already gathered 16.6 million tons of new grain and improves its forecasts. According to the Ministry of Agriculture, 12.5 million tons of wheat, 3.8 million tons of barley, and 300,000 tons of peas were threshed. Harvesting of winter rape also continues – 3.3 million t...

Ukraine increased its exports of agricultural products to the EU and Asia.

Ukraine increased its exports of agricultural products to the EU and Asia. In January-June 2023, the Institute of Agrarian Economics reports that the export of Ukrainian agricultural goods increased by 16% from $10.22B to $11.85B. According to experts, the main sales markets...

Thursday, August 3

Ukrainian farmers will be forced to sell their grain at $40 below cost.

Ukrainian farmers will be forced to sell their grain at $40 below cost. As a result of the closed Black Sea ports and the current cost of logistics through the Danube, farmers will face the reality of selling grain at $40 cheaper per ton, which is below their production c...

Wednesday, August 2

Ukraine does not need another grain agreement but a complete liberation of its seaports.

Ukraine does not need another grain agreement but a complete liberation of its seaports. Oleksandr Kalenkov, President of Ukrmetalurgprom, considers it expedient for Ukraine not to focus on concluding another grain agreement with the occupiers but instead to take steps toward the complete...

Tuesday, August 1

Ukraine will have no grain storage problems due to sufficient grain sleeve supplies.

Ukraine will have no grain storage problems due to sufficient grain sleeve supplies. Ukrainian farmers will not experience a grain storage capacity shortage thanks to the donated grain sleeves that arrived in 2022, said the chairman of the Committee on Agrarian and Land Policy, Oleksa...

Monday, July 31

Poland will extend the ban on Ukrainian agricultural products after September 15.

Poland will extend the ban on Ukrainian agricultural products after September 15. Minister of Agriculture and Rural Development Robert Telus confirmed that after September 15, the ban on importing Ukrainian grain to Poland will be extended, reports polskieradio.pl. Prime Minister M...

Friday, July 28

The EU does not yet have the funds for the land transit of grain from Ukraine.

The EU does not yet have the funds for the land transit of grain from Ukraine. The European Commission has no money in the budget for immediate use and no clear way to help finance the extra transport costs for Ukrainian grain exports that will accompany the end of the Black Sea...

One alternative way to export Ukrainian grain through Lithuania fell through.

One alternative way to export Ukrainian grain through Lithuania fell through. The export of Ukrainian grain through the Lithuanian port of Klaipeda is still unprofitable, forcing sellers to stop transporting it due to high transportation costs. The price of agricultural product...

Japan will help Ukraine restore and modernize irrigation systems.

Japan will help Ukraine restore and modernize irrigation systems. Japan will help Ukraine restore and modernize irrigation systems in the Odesa, Mykolaiv, Dnipropetrovsk, Poltava, Cherkasy, and Zhytomyr regions, announced the government of Ukraine after a meeting be...

Thursday, July 27

The US and its allies are working with Ukraine on alternative routes to deliver grain.

The US and its allies are working with Ukraine on alternative routes to deliver grain. The United States and its partners are working with Kyiv on alternative land routes to deliver critical grain to the world after Russia pulled out of the agreement that had permitted Ukrainian grain t...

Wednesday, July 26

Five ports in the Baltic States are ready to participate in Ukrainian grain exports.

Five ports in the Baltic States are ready to participate in Ukrainian grain exports. The Baltic countries are prepared to provide the capacity of five large ports in their territories to participate in the safe export of Ukrainian grain to global markets, said the Minister of Foreign ...

France and Germany are against the further ban on Ukrainian grain imports.

France and Germany are against the further ban on Ukrainian grain imports. At a meeting of EU agriculture ministers on Tuesday, France and Germany expressed their opposition to the further extension of the ban on Ukrainian grain imports after September 15, which is insisted ...

European countries should cover the transport costs of Ukrainian grain exports by land.

European countries should cover the transport costs of Ukrainian grain exports by land. An EU official proposed on Tuesday that member states should cover the additional expenses of exporting Ukrainian grain by land following the collapse of the Black Sea grain deal. The EU is prepared t...

Tuesday, July 25

Ukraine is looking for a compromise for grain exports; further embargoes in the EU is unacceptable.

Ukraine is looking for a compromise for grain exports; further embargoes in the EU is unacceptable. Volodymyr Zelenskyy announced a meeting regarding the export of Ukrainian agricultural products against the background of Poland’s intentions to close its border for Ukrainian grain after Septem...

Greece and Bulgaria are discussing the increase of grain transit from Ukraine.

Greece and Bulgaria are discussing the increase of grain transit from Ukraine. During a meeting in Athens on Monday, the Prime Ministers of Greece and Bulgaria, Kyriakos Mitsotakis and Nikolai Denkov, discussed the problem with the transit of Ukrainian grain resulting from Russi...

Ukraine has already exported more than 1.6 million tons of cereals and legumes.

Ukraine has already exported more than 1.6 million tons of cereals and legumes. In the 2023/2024 marketing year (from July 1 to 24, 2023), Ukraine exported 1.666 million tons of grains and legumes, reported the Ministry of Agrarian Policy of Ukraine. It is noted that in the curre...

Juice composition requirements in Ukraine will be in line with EU standards.

Juice composition requirements in Ukraine will be in line with EU standards. Ukrainian juice ingredients will be brought to European standards. In particular, the amount of sugar will be reduced, announced the Deputy Minister of Agrarian Policy Taras Vysotskyi. According to hi...

Monday, July 24

Ukraine will continue to supply grain despite Russia’s withdrawal from the grain agreement.

Ukraine will continue to supply grain despite Russia’s withdrawal from the grain agreement. Having secured political consent from its partner countries, Ukraine will continue grain exports with its allies despite the withdrawal of the Russian Federation from the grain agreement, said the pre...

Ukraine plans to introduce several new agricultural products to the Chinese market.

Ukraine plans to introduce several new agricultural products to the Chinese market. The subcommittee on Ukrainian-Chinese trade and economic cooperation discussed the prospects of bringing new goods to the Chinese market by the end of the year, announced the Ukrainian government. At ...

Nibulon received 50 rail wagons from the US to export grain through Izmail.

Nibulon received 50 rail wagons from the US to export grain through Izmail. The USAID Economic Support of Ukraine project has purchased 50 modern hopper cars for the Nibulon company, each of which can transport up to 70 tons of grain. The hopper manufacturer is the Research a...

Friday, July 21

Ukraine hopes to resolve the situation with the EU grain embargo, and the US promises to help with grain export.

Ukraine hopes to resolve the situation with the EU grain embargo, and the US promises to help with grain export. Ambassador of Ukraine to Poland Vasyl Zvarych believes that the problem with exporting Ukrainian grain to Poland, Hungary, Slovakia, Bulgaria, and Romania should not be resolved by bans but by bilater...

Thursday, July 20

Ukraine is considering a new grain export route through the territorial waters of NATO member countries.

Ukraine is considering a new grain export route through the territorial waters of NATO member countries. “We are talking about Romania and Bulgaria,” said Ambassador of Ukraine to Turkey Vasyl Bodnar on the air during a telethon. He explained that the main problem is Russia’s threats to...

USAID provides $250M to support agriculture in Ukraine.

USAID provides $250M to support agriculture in Ukraine. The head of USAID, Samantha Power, condemned Russia’s decision to suspend participation in the grain initiative and announced the allocation of $250M to support Ukraine’s agriculture. The ...

Wednesday, July 19

Grain export through land channels can’t compensate for the Black Sea.

Grain export through land channels can’t compensate for the Black Sea. Current land alternatives cannot replace the lost Black Sea route following Russia’s decision to terminate the grain deal, said Ukrainian Foreign Minister Dmytro Kuleba. He added that Ukraine ca...

EU officials will discuss the import of agricultural products from Ukraine this week in Warsaw.

EU officials will discuss the import of agricultural products from Ukraine this week in Warsaw. A meeting of the ministers of agriculture from the five EU countries where the ban on the import of Ukrainian grain until September 15 is in effect will take place on July 19. EU officials will discus...

Tuesday, July 18

Zelenskyy has announced the continuation of the grain corridor without Russia.

Zelenskyy has announced the continuation of the grain corridor without Russia. “The ship company owners approached us. They said they were ready to continue exporting grain. If Ukraine lets us do it, and Turkey allows our ships through, then everyone is ready to continue s...

Ukraine has increased soybean exports to a record high.

Ukraine has increased soybean exports to a record high. In September-June of the 2022/23 marketing year, Ukraine exported almost three million tons of soybeans, which is 140% more than in the same period of the previous season. This is a record export volu...

Soul Marine is building a new 20,000-ton grain terminal in Odesa.

Soul Marine is building a new 20,000-ton grain terminal in Odesa. The logistics company Soul Marine is launching the construction of a warehouse grain terminal in Izmail, the company’s director, Ivan Niyakyy, said. In the first stage, the one-time storage volu...

Monday, July 17

A Ukrainian agricultural company will build a €13.7M elevator at a railway transshipment facility near the border with Poland.

A Ukrainian agricultural company will build a €13.7M elevator at a railway transshipment facility near the border with Poland. The EBRD will loan €9.6M to the Ukrainian agricultural company Agrosem to expand the railway terminal near the Polish border and develop a grain transshipment complex and container yard. The EBRD clar...

Thursday, July 13

A Kherson agricultural company plans to move to Odesa and build a new factory to replace its occupied facilities.

A Kherson agricultural company plans to move to Odesa and build a new factory to replace its occupied facilities. The Chumak company plans to build a plant to produce tomato paste in the Odesa region. The company considers this region to be the most favorable in terms of climatic conditions. The relocation of Chu...

Tuesday, July 11

The government expects the profit from agricultural exports to amount to $20B this year.

The government expects the profit from agricultural exports to amount to $20B this year. According to Deputy Minister of Agrarian Policy Taras Vysotskyi, it is likely that Ukraine will be able to harvest approximately 47-50 million tons of grain this year, which is more than was forecast ...

Monday, July 10

The IMF announces the risk of Ukraine losing up to $800M monthly due to reduced agricultural exports.

The IMF announces the risk of Ukraine losing up to $800M monthly due to reduced agricultural exports. In particular, the International Monetary Fund expects a decrease in grain exports from Ukraine due to poor harvests and mined fields. The volume of Ukrainian grain exports is predicted to decrease to...

Tuesday, July 4

Ukraine increased grain exports during the year, and several countries increase their imports.

Ukraine increased grain exports during the year, and several countries increase their imports. In the 2022/2023 marketing year, Ukraine exported 48.99 million tons of grain and leguminous crops, reported the Ministry of Agrarian Policy. As of June 30, Ukraine exported 16.836 million tons of whe...

Monday, July 3

Since last week not a single new ship could join participate in the grain initiative.

Since last week not a single new ship could join participate in the grain initiative. Since June 26, no vessels have been allowed to participate in the grain agreement, despite 29 applications submitted to the Joint Coordination Center, reported the UN. According to UN Deputy Press Sec...

Friday, June 30

Ukraine beef producers increased meat exports by 260% this year.

Ukraine beef producers increased meat exports by 260% this year. In January-May 2023, Ukraine exported 9,600 tons of beef, which is 260% more than in the same period last year. According to UCAB, May was the most productive month as Ukrainian producers sold 2,500 t...

Ukrainian AgroTech startup FarmFleet raises $550,000.

Ukrainian AgroTech startup FarmFleet raises $550,000. FarmFleet, a Ukrainian company engaged in the optimization of agribusiness and the development of unmanned aerial vehicle technologies, announced the successful completion of a round of pre-seed finan...

Thursday, June 29

Ukrainian farmers expect a high wheat yield this year.

Ukrainian farmers expect a high wheat yield this year. According to a survey by the UkrAgroConsult company, most Ukrainian farmers expect a high wheat yield in 2023. In particular, 64% of respondents predict it will exceed five tons per hectare. The expec...

Wednesday, June 28

The export of agricultural products from Ukraine decreased by 18% over last week.

The export of agricultural products from Ukraine decreased by 18% over last week. During the 47th week of the grain corridor, from June 19 to 25, 2023, 358,300 tons of agricultural products were exported through the Odesa region’s seaports, which is 18% less than in the previous we...

Ukraine and Britain will monitor the grain being stolen by the invaders.

Ukraine and Britain will monitor the grain being stolen by the invaders. Ukraine and Great Britain are discussing the issue of cooperation to track the grain that the Russians are stealing from the temporarily occupied territories, reported the Ministry of Agrarian Policy....

Tuesday, June 27

Termination of the grain corridor will put pressure on the hryvnia.

Termination of the grain corridor will put pressure on the hryvnia. “Implementing the termination of the grain corridor will have negative consequences for Ukrainian exports with a corresponding decrease in foreign currency inflows to the country and a possible increa...

Thursday, June 22

The development of Ukraine’s agricultural and energy capacities guarantees the security of the entire world.

The development of Ukraine’s agricultural and energy capacities guarantees the security of the entire world. The reconstruction and development of agricultural and energy facilities in Ukraine will protect the world from chaos, said President Zelenskyy during his speech in London. According to him, at least ...

Wednesday, June 21

Ukraine will lose $8 billion annually due to mined agricultural lands.

Ukraine will lose $8 billion annually due to mined agricultural lands. The revenue losses will result because the land will be idle, researchers say. Experts have estimated that agricultural losses from the full-scale invasion, as of April 24, 2023, amounted to $8.7B, of...

Tuesday, June 20

The sowing campaign in Ukraine is ending with 103% of planned farmland planted.

The sowing campaign in Ukraine is ending with 103% of planned farmland planted. According to the Ministry of Agriculture, as of June 15 the area under early grain and leguminous crops reached 5.6 million hectares, 3% higher than the March forecast. At the same time, the planted a...

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