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 oilseeds, explained the head of the All-Ukrainian Congress of Farmers, Ivan Slobodianyk. At the same time,  products grown in 2023 will be enough to meet domestic needs, but the country’s economy will suffer significant losses due to a decrease in the volume of exports.

In addition, domestic product prices will rise. The reason is power outages and reorientation to more profitable crops such as sunflower, soy, and rapeseed. As a result, a reduction in grain production will cause flour and bread prices to rise.

Moreover, vegetables will continue to become more expensive due to the partial occupation and hostilities in the Kherson region, which was a leading supplier of vegetables throughout Ukraine.