Agriculture

Thursday, September 7

The Belgians are completing the construction of a grain drying complex in Cherkasy.

The Belgians are completing the construction of a grain drying complex in Cherkasy. The Granex-Cherkasy company is completing the construction of a grain drying complex with a capacity of up to 600 tons per day in the Cherkasy region, the developer of the ProjectLine project reported...

Wednesday, September 6

Germany continues to work on alternative routes for Ukrainian grain exports.

Germany continues to work on alternative routes for Ukrainian grain exports. German Foreign Minister Annalena Baerbock voiced this at a joint press conference with her Romanian counterpart in Berlin on September 4. She sharply criticized the Russian President for blocking the ...

Tuesday, September 5

The Ukrainian agricultural sector risks losing $3-4B annually due to insufficient export volumes.

The Ukrainian agricultural sector risks losing $3-4B annually due to insufficient export volumes. Currently, Ukraine exports about three million tons of grain per month. If this indicator is not increased to 5.5-6 million tons, the domestic agricultural sector may lose $3-4B per year, the Parliame...

Bayer will build a €60M corn seed production plant in the Zhytomyr region.

Bayer will build a €60M corn seed production plant in the Zhytomyr region. Bayer will invest €60M in the Monsanto plant in the village of Pochuyki, Zhytomyr region, the head of the Zhytomyr OVA, Vitaly Bunechko, said. Investments will be directed to constructing a new seed d...

Poland plans to convince other EU members to embargo Ukrainian grain after September 15.

Poland plans to convince other EU members to embargo Ukrainian grain after September 15. This step will protect Polish farmers, and their interests are more important to the country’s government than any EU rules on this matter, said Polish Agriculture Minister Robert Telus. “...

Monday, September 4

Ukraine will challenge the EU grain embargo if it is extended.

Ukraine will challenge the EU grain embargo if it is extended. This specifically concerns the import ban on grain to five countries of the European Union, which is valid until September 15, informed the deputy head of the president’s office, Ihor Zhovkva. “...

Ukrainian Bukovyna exports apples to Europe, Saudi Arabia, UAE, and Turkey.

Ukrainian Bukovyna exports apples to Europe, Saudi Arabia, UAE, and Turkey. The head of Chernivtsi city administration, Ruslan Zaparanyuk, spoke about the local enterprise, Molodizhna Agro Association, which cultivates 48 hectares of apple orchards in the villages of Oleksiiv...

Ukraine has harvested 33 million tons of new crop grain and exported 4.5 million tons.

Ukraine has harvested 33 million tons of new crop grain and exported 4.5 million tons. As of August 31, farmers throughout all regions of Ukraine threshed more than 33 million tons of new harvest, 29.2 million tons of grain, and more than four million tons of oil crops. The largest amou...

Friday, September 1

Compensation for the transit of Ukrainian grain to Baltic ports will cost €600M: conditions have been put forward.

Compensation for the transit of Ukrainian grain to Baltic ports will cost €600M: conditions have been put forward. The European Commission still does not have a clear decision on whether the grain embargo on several Ukrainian agricultural products will continue, European Commissioner for Agriculture Janusz Wojciec...

The US is working with Romania and Moldova to increase Ukrainian grain exports across the Danube.

The US is working with Romania and Moldova to increase Ukrainian grain exports across the Danube. According to a high-ranking official of the US State Department, “We are keen to support alternative routes: especially the Danube route. It remains in NATO territorial waters. So, it is very at...

Thursday, August 31

The largest sugar producer in Ukraine doubled its six-month profit.

The largest sugar producer in Ukraine doubled its six-month profit. Agropromholding Astarta generated €54.73M in net profit for the first half of the year, which is 97.4% more compared to the first half of 2022. According to a report from the company, revenue for the...

Ukrainian barley will be exported through Romania, and Lithuania wants financial support from the EU to transport grain through its ports.

Ukrainian barley will be exported through Romania, and Lithuania wants financial support from the EU to transport grain through its ports. Due to the increased freight costs and the threat of Russian attacks on the Danube port infrastructure, the Ukrainian barley export market is shifting to road and rail logistics, agricultural market p...

Wednesday, August 30

Not only imports: the transit of Ukrainian grain through Poland is at risk due to a lack of warehouses.

Not only imports: the transit of Ukrainian grain through Poland is at risk due to a lack of warehouses. As the State Secretary for Development of Cooperation with Ukraine, Jadwiga Emilewicz, reported, US President Joe Biden has not yet fulfilled his promise to build granaries along the Ukrainian-Polish ...

Tuesday, August 29

Ukrainian farmers will once again change their crop structure ahead of sowing.

Ukrainian farmers will once again change their crop structure ahead of sowing. Farmers will reduce the share of wheat and barley, instead, they will sow record-high areas with winter rapeseed, the Ministry of Agrarian Policy reported. 45% of farmers do not plan to significantly ...

Romania aims to double the export of Ukrainian grain via alternative routes.

Romania aims to double the export of Ukrainian grain via alternative routes. Romania will double the capacity of its main Black Sea port of Constanţa and the shipping lanes on the Danube for two months to help Ukraine transport its grain, Romanian Prime Minister Marcel Ciolacu...

Monday, August 28

Five EU countries will demand an extension of the grain embargo through the end of this year.

Five EU countries will demand an extension of the grain embargo through the end of this year. Poland, Bulgaria, Romania, Slovakia, and Hungary will negotiate with the EU on extending the ban on the import of Ukrainian grain, Polish Minister of Agriculture Robert Telus said. “I want to sa...

Tuesday, August 22

Ukraine works on insurance for grain carriers with global insurers: the country will try to free its ports.

Ukraine works on insurance for grain carriers with global insurers: the country will try to free its ports. According to the Deputy Minister of Economy of Ukraine, Oleksandr Hryban, Ukraine is finalizing a scheme with global insurers to insure grain ships heading to and from Ukrainian Black Sea ports. The s...

Monday, August 21

Romania plans to ensure the transit of 60% of Ukrainian grain.

Romania plans to ensure the transit of 60% of Ukrainian grain. As the Prime Minister of Romania, Marcel Čolaku, said, this goal is quite ambitious, but his country is ready to do everything necessary to achieve this result. “We hope that more than 60% of th...

Poland risks falling under EU sanctions due to its embargo on Ukrainian agricultural products.

Poland risks falling under EU sanctions due to its embargo on Ukrainian agricultural products. If Poland unilaterally extends restrictions on grain imports from Ukraine after September 15, the EU will consider imposing sanctions against the country. The European Commission believes that Poland&...

Friday, August 18

The Ministry of Agrarian Policy has a plan for grain export from Ukraine by sea.

The Ministry of Agrarian Policy has a plan for grain export from Ukraine by sea. After the departure of the first ship from the port of Odesa since the termination of the grain agreement, the most critical tasks for Ukraine are to guarantee the safety of vessels and their crews, a...

Thursday, August 17

This year, global food imports may rise to a record $1.98T.

This year, global food imports may rise to a record $1.98T. This forecast is 1.5% higher than 2022’s record figure, which was estimated at $1.95T, said Maximo Torero, the chief economist of the UN Food Organization. He stressed that despite reaching a ne...

Ukraine has started the sowing season for the 2024 harvest, but the forecasts are not encouraging.

Ukraine has started the sowing season for the 2024 harvest, but the forecasts are not encouraging. Traditionally, in the second half of August the sowing campaign for the following year’s winter crops begins in the southern regions of Ukraine. However, forecasts regarding the season’s r...

Tuesday, August 15

The Russian provocation in the Black Sea increased wheat prices.

The Russian provocation in the Black Sea increased wheat prices. Bloomberg reported that the wheat futures prices rose about 1.2% to $6.56 a bushel after falling 1.5% on Friday. This happened after a Russian warship fired a warning shot to illegally stop a civilia...

Romania promises to double its transit capacity for Ukrainian agricultural products.

Romania promises to double its transit capacity for Ukrainian agricultural products. The country will increase its transit capacity for Ukrainian grain from two to four million tons per month. This decision results from negotiations between representatives of Ukraine, the US, the EU, ...

The President of Poland believes he must protect the EU market from Ukrainian grain.

The President of Poland believes he must protect the EU market from Ukrainian grain. Protection of the domestic market and the EU market is the duty of the Polish authorities, Andrzej Duda said. “We consistently support Ukraine in its defense against Russian aggression. But the ...

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...

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