Agriculture

Friday, May 12

Despite the war, Ukrainian farmland is becoming more expensive.

Despite the war, Ukrainian farmland is becoming more expensive. The price of Ukrainian agricultural land increased by an average of 20% in January-April 2023, Deputy Minister of Agrarian Policy Denis Bashlyk said. He added that the land value increase is observed ...

Wednesday, May 10

Ukraine and the European Commission will create a consultative group to monitor issues related to the export of Ukrainian grain.

Ukraine and the European Commission will create a consultative group to monitor issues related to the export of Ukrainian grain. During a press conference in Kyiv with the president of the European Commission, Volodymyr Zelenskyy called on neighboring countries and the EU states to refrain from any decisions regarding trade wit...

More than 2 100 wagons with grain are in a queue at the port of Izmail, which fulfills the annual cargo handling plan in a record five months.

More than 2 100 wagons with grain are in a queue at the port of Izmail, which fulfills the annual cargo handling plan in a record five months. As of May 8 4,978 loaded wagons were moving toward Izmail, of which 2,168 contain grain cargoes, Ukrainian Railways top manager Valery Tkachov said. At the same time, grain unloading by port operators...

Monday, May 8

Nibulon is investing in constructing a large elevator and a mill at the port of Izmail.

Nibulon is investing in constructing a large elevator and a mill at the port of Izmail. New investment by one of Ukraine’s largest grain market operators will increase shipments from the current 170,000 tons of grain per month to a potentially possible 300,000 tons. To realize this...

The grain corridor’s operation is on the verge of failure.

The grain corridor’s operation is on the verge of failure. The Joint Coordination Center in Istanbul could not agree on permits for new vessels to participate in the Black Sea Grain Initiative, stated Farhan Haq, the official representative of the UN Secretar...

Moldova wants to ban the import of Ukrainian grain, and Ukraine is preparing measures in response.

Moldova wants to ban the import of Ukrainian grain, and Ukraine is preparing measures in response. According to the Ministry of Agriculture of Moldova, Minister Volodymyr Bolya met with EU Ambassador Jānis Mažeiks to announce applying temporary measures identical to those introduced in some EU coun...

Friday, May 5

One of the largest agricultural holdings is investing $10M in a new grain terminal on the Danube.

One of the largest agricultural holdings is investing $10M in a new grain terminal on the Danube. Kernel plans to build a new transshipment terminal, Development Reni Terminal, in the port Reni on the Danube by the end of 2023. The company reported that the terminal will be built on a plot of land...

Thursday, May 4

The European Commission has banned the import of Ukrainian products to five EU countries for one month.

The European Commission has banned the import of Ukrainian products to five EU countries for one month. The ban applies to four agricultural products – wheat, corn, rapeseed, and sunflower seeds. These are now prohibited from being sold to Bulgaria, Hungary, Poland, Romania, and Slovakia. The EC n...

Monday, May 1

Due to the occupation, 24% of arable land in Ukraine will remain unsown.

Due to the occupation, 24% of arable land in Ukraine will remain unsown. Accordingly, the gross collection of agricultural products will drop by approximately 25% from the pre-war level, said First Deputy Minister of Agricultural Policy Taras Vysotskyi. He reminded observe...

Thursday, April 27

Grain crisis: the EC has banned the import of Ukrainian sunflower oil to Poland, and Hungary imposed an embargo on 25 types of Ukrainian foods.

Grain crisis: the EC has banned the import of Ukrainian sunflower oil to Poland, and Hungary imposed an embargo on 25 types of Ukrainian foods. The European Commission has expanded the list of goods subject to an import ban to Poland from Ukraine, adding sunflower oil. However, the transit of these products will be allowed. Polish Minister of...

Wednesday, April 26

Poland wants to ban the import of Ukrainian agricultural products through the end of the year.

Poland wants to ban the import of Ukrainian agricultural products through the end of the year. In negotiations with the European Commission, the country seeks to extend the ban on imports until the end of 2023, said Polish Minister of Agriculture Robert Telus. “It is significant for us that the...

Tuesday, April 25

Poland clarified the terms of transit of Ukrainian grain and increased the number of ports.

Poland clarified the terms of transit of Ukrainian grain and increased the number of ports. According to the Minister of Development and Technology of Poland, Waldemar Buda, from April 28, Gdańsk, Gdynia, Świnoujście, and Szczecin will be joined by Kolobrzeg in the east of the country, which...

Monday, April 24

Five countries have asked the European Commission to expand the list of prohibited imports from Ukraine.

Five countries have asked the European Commission to expand the list of prohibited imports from Ukraine. The letter was written by the agriculture ministers from Bulgaria, Poland, Romania, Slovakia, and Hungary. They believe transit-only imports should cover a broader range of products than wheat, corn, ...

Friday, April 21

The Polish business community is outraged by the import ban on Ukrainian agricultural products.

The Polish business community is outraged by the import ban on Ukrainian agricultural products. The statement from the Polish-Ukrainian Chamber of Commerce emphasizes that the Polish authorities introduced the ban without consulting the business community. This decision poses problems for both U...

The EU will introduce external restrictions on grain imports from Ukraine under pressure from Eastern European countries.

The EU will introduce external restrictions on grain imports from Ukraine under pressure from Eastern European countries. According to the FT, EU members are discussing banning imports of wheat, corn, oilseeds, and sunflower seeds to the bloc’s four countries bordering Ukraine and Bulgaria by June, except for re-ex...

Wednesday, April 19

The EU will allocate €100M to farmers in five countries amid the Ukrainian grain crisis.

The EU will allocate €100M to farmers in five countries amid the Ukrainian grain crisis. The European Commission will adopt a new support package for EU farmers affected by the influx of Ukrainian agricultural products, the chief EC spokesperson said in Brussels. The member states have ag...

Tuesday, April 18

On Monday, Russia blocked ship inspections in the Bosphorus for the second time.

On Monday, Russia blocked ship inspections in the Bosphorus for the second time. According to the Ministry of Infrastructure of Ukraine, since April 10 the Russian contingent in the Joint Coordination Center in Istanbul unilaterally stopped registering vessels originating from Ukr...

Ukraine concerned over significant potential losses from the export ban on agricultural products to EU countries.

Ukraine concerned over significant potential losses from the export ban on agricultural products to EU countries. These losses will be significant due to the ban on transit and a stoppage of the Grain Initiative, said the head of the parliamentary committee on Finance, Danylo Hetmantsev. According to him, Hungary...

The Zhytomyr region plans to attract $5M to grow industrial hemp.

The Zhytomyr region plans to attract $5M to grow industrial hemp. According to a former mayor of Glukhov, Michel Tereshchenko, the region is developing a cultivation cluster for technical industrial hemp to revive the country’s textile industry. It is assumed that p...

The Netherlands allocates €100M for agricultural companies, and Spain and the EBRD provide another €100M in guarantees for Ukraine’s food security.

The Netherlands allocates €100M for agricultural companies, and Spain and the EBRD provide another €100M in guarantees for Ukraine’s food security. The funds will also go towards the purchase of generators to ease the course of the next winter, said Dutch Foreign Trade Minister Liesje Schreinemacher. So, €40M is targeted as financing for agricult...

Wednesday, April 12

Bulgaria complains to the European Commission about Ukrainian grain.

Bulgaria complains to the European Commission about Ukrainian grain. The country demands additional protection for its agricultural producers and reminds the EC about the €16.75M provided in the EC’s crisis reserve. The state’s position was voiced by the Minister of Ag...

The UN predicts the world’s second-largest wheat harvest.

The UN predicts the world’s second-largest wheat harvest. According to the Food and Agricultural Organization of the United Nations (FAO), the 2023 global wheat harvest will be about 786 million tons, the second largest output on record and only 1.3% below t...

Monday, April 10

Ukraine will temporarily stop grain exports to Poland and update transit rules, while Hungary seeks to impose restrictions.

Ukraine will temporarily stop grain exports to Poland and update transit rules, while Hungary seeks to impose restrictions. Ukraine and Poland will develop new regulations for the transit of crops during the next week, agreed agriculture ministers of both countries, Mykola Solskyi and Robert Telus. According to Solskyi, th...

World food prices decreased during the last year.

World food prices decreased during the last year. Wholesale food prices fell for the 12th consecutive month due to lower global quotations for grain and vegetable oils. The FAO food price index in March 2023 was 126.9 points, 2.1% less than the previ...

Farmers warn of further product price increases in Ukraine.

Farmers warn of further product price increases in Ukraine. Yield indicators in 2023 will be negatively affected by the reduction of cultivated areas, increases in fertilizer prices, the mobilization of farmers, and the reorientation from grain crops to oilsee...

Friday, April 7

Bayer reveals its €60M investment plans in Ukraine.

Bayer reveals its €60M investment plans in Ukraine. The German company Bayer will increase the planned €35M investment package to €60M in order to expand a plant that produces corn seeds in Pochuyki, Zhytomyr region. The funds will be used for the cons...

Ukrainian Railways increased exports of all goods except for grain.

Ukrainian Railways increased exports of all goods except for grain. In March, the company exported 5.3 million tons of freight (+73.4%) compared to last year’s period and a 4% increase from February, said UZ top manager Valery Tkachov. In March, UZ reached recor...

Thursday, April 6

Foreign companies will invest in Ukraine’s agricultural sector if they have war-risk insurance.

Foreign companies will invest in Ukraine’s agricultural sector if they have war-risk insurance. The Deputy Minister of Agrarian Policy, Denys Bashlyk, believes that foreigners will invest in Ukraine’s agricultural sector of Ukraine only with the provision of war-risk insurance for businesses. Ba...

Wednesday, April 5

In March Ukraine set a record for the export of agricultural products since the beginning of the war.

In March Ukraine set a record for the export of agricultural products since the beginning of the war. Ukraine shipped 7.8 million tons of farm products last month, which is 12% more than in February. This is the largest figure since the beginning of the war, said the Ukrainian Agrarian Business Club. ...

Tuesday, April 4

Ukraine increased sugar exports fivefold, particularly to Europe.

Ukraine increased sugar exports fivefold, particularly to Europe. During the seven months of the current marketing year, September 2022 – August 2023, Ukraine exported 265,000 tons of sugar, which is 4.8 times more than during the previous marketing year, note...

Monday, April 3

The World Bank has restructured $132M as soft loans for Ukrainian farmers.

The World Bank has restructured $132M as soft loans for Ukrainian farmers. The WB, within the framework of the Acceleration of Private Investments in the Agriculture of Ukraine program, which began in 2019 with a total volume of $200M, will allow the use of the remaining $13...

Poland, Slovakia, Hungary, Romania, and Bulgaria are asking for relief of the problem of the Ukrainian agricultural product surplus.

Poland, Slovakia, Hungary, Romania, and Bulgaria are asking for relief of the problem of the Ukrainian agricultural product surplus. The leaders of these five EU member states declared an oversaturation of their domestic agricultural product markets because Ukrainian goods do not reach their destinations. The prime ministers of Pol...

Wednesday, March 29

The WB is considering additional assistance to restore Ukraine’s agricultural sector.

The WB is considering additional assistance to restore Ukraine’s agricultural sector. At a meeting with the Minister of Agricultural Policy of Ukraine, Mykola Solskyi, and the leadership of the World Bank, discussions were held regarding both the creation of new programs and financing ...

Ukraine decides to sow more vegetables this year due to rising prices.

Ukraine decides to sow more vegetables this year due to rising prices. The increase in planted area will help to achieve a bigger harvest than last year, Deputy Minister of Agricultural Policy Taras Vysotskyi said. He added that the ministry is working to fill the market...

Tuesday, March 28

Ukraine exported 3.8 million tons of agricultural products in the first half of March.

Ukraine exported 3.8 million tons of agricultural products in the first half of March. As the Ministry of Agrarian Policy notes, this is 100,000 tons more than in the last 15 days of February. The volume of agricultural exports for the first 15 days of March is comprised of 53.3% corn, ...

Monday, March 27

Ukraine continues to develop the Grain from Ukraine program – Spain and France have provided an additional €20.4M.

Ukraine continues to develop the Grain from Ukraine program – Spain and France have provided an additional €20.4M. Over the weekend, 30,000 tons of humanitarian grain were sent to Yemen as part of the program with the help of the US, Spain, and France. US Ambassador to Ukraine Bridget Brink emphasized that 65% of ...

Tuesday, March 21

The extension of the grain initiative has caused a collapse in global prices for wheat and corn.

The extension of the grain initiative has caused a collapse in global prices for wheat and corn. According to Bloomberg, Russia’s invasion of Ukraine led to a sharp rise in wheat futures in the first half of 2022 on fears of severe supply disruptions, reported Bloomberg. The introduction of...

Monday, March 20

Kyiv says the grain agreement has been extended for 120 days, but Russia says for 60.

Kyiv says the grain agreement has been extended for 120 days, but Russia says for 60. Ukraine’s government informed observers of a 120-day extension of the grain initiative agreement. Minister Oleksandr Kubrakov noted that this means that Ukraine will be able to continue to expor...

Friday, March 17

Turkey has become the leading supplier of fruit to Ukraine.

Turkey has become the leading supplier of fruit to Ukraine. In 2022, Ukraine imported 220,000 tons of fruit from Turkey, the highest figure among countries supplying this product, the Institute of Agrarian Economics says. It is expected that the country will r...

Monday, March 13

Ukraine expects to maintain this year’s agricultural exports at the previous $20B.

Ukraine expects to maintain this year’s agricultural exports at the previous $20B. Farmers can sow and harvest at least twice as much grain this year as Ukrainians will consume. These grain volumes will maintain the agricultural sector’s export potential at the previous year’s level...

Friday, March 10

Last year, Ukraine and the EU increased agricultural trade by 39%.

Last year, Ukraine and the EU increased agricultural trade by 39%. The trade amount reached $16.5B, with a $9.7B surplus, the highest figure recorded during the association agreement, which surpasses the previous record of $11.9B by 39%, the Institute of Agrarian Eco...

Ukrainian scientists predict that two years of war will reduce the grain harvest by 60%.

Ukrainian scientists predict that two years of war will reduce the grain harvest by 60%. The forecasted gross harvest of grain in 2023 may amount to 34 million tons, which is 37% less than the figure for 2022 and 60% less than 2021, the National Academy of Agrarian Sciences of Ukraine sai...

The US has increased the forecast for the export of Ukrainian corn.

The US has increased the forecast for the export of Ukrainian corn. On March 8, the US Department of Agriculture updated the global estimates for the balance of major crops in the 2022/23 marketing year. Wheat and corn production indicators in Ukraine remain at the pr...

Thursday, March 2

Businesses call on the UN and Turkey to unblock the grain initiative.

Businesses call on the UN and Turkey to unblock the grain initiative. The EBA, the ACC in Ukraine, and the Ukrainian Club of Agrarian Business have prepared a joint appeal. The parties have called on the UN and Turkey to unblock the Black Sea Grain Initiative and ensure...

Tuesday, February 28

The EU will help local farmers hurt by cheap Ukrainian grain.

The EU will help local farmers hurt by cheap Ukrainian grain. The European Commission is preparing a decision to help farmers who suffer losses due to the importation of Ukrainian grain into the EU market. At the same time, European Commissioner for Agriculture ...

In the new season, Ukraine has exported about 32 million tons of grain and increased flour export.

In the new season, Ukraine has exported about 32 million tons of grain and increased flour export. In the current marketing year (from July 2022 to February 27), Ukraine exported 31.8 million tons of cereals and legumes. The Ministry of Agrarian Policy stated that the exported grains include 11.2 m...

Thursday, February 23

Poland replaced China as the leader among importers of Ukrainian agricultural products.

Poland replaced China as the leader among importers of Ukrainian agricultural products. Since the war began, Ukraine’s geography of farm export supply has changed, according to analysis from the Institute of Agrarian Economics. In 2022, Ukraine exported agricultural products worth $23.6B...

Ukraine wants to extend the grain initiative and include the Mykolaiv seaport.

Ukraine wants to extend the grain initiative and include the Mykolaiv seaport. This week, Ukraine will officially propose to Turkey and the UN to extend the Black Sea Grain Initiative for one year and to expand it to the port of Mykolaiv, said the Deputy Minister of Infrastruct...

Tuesday, February 21

Half of Ukraine’s grain is exported at a loss.

Half of Ukraine’s grain is exported at a loss. According to the Mirror of the Week analysis, despite the global increase in wheat prices and food risks, half of Ukrainian wheat is exported at a 40% discount. Moreover, the price of Ukrainian corn i...

The Ukrainian pavilion is open at the Gulfood 2023 exhibition in Dubai.

The Ukrainian pavilion is open at the Gulfood 2023 exhibition in Dubai. This year, Ukraine is represented by 35 producers of agricultural products. The Ukrainian pavilion at Gulfood is celebrating an anniversary – 10 years of event participation. The total area of t...

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