In 2022, the Ukrainian agricultural sector may lose $9.3B-$9.8B due to logistics problems,

Friday, December 16, 2022
In 2022, the Ukrainian agricultural sector may lose $9.3B-$9.8B due to logistics problems,

said Doctor of Economics Oleksandr Zakharchuk. It is noted that this year the domestic agricultural sector may lose $7.5B-$8B due to the seaport blockade and changes in export transportation logistics. The value of last year’s unsold grain is $0.5B, and the cost of elevator warehouses destroyed or seized by the occupiers is valued at $1.3B. According to Zakharchuk, since the beginning of the port blockade, the cost of logistics in the export structure has increased five to seven times and reached $180 per ton of grain. Given this logistics cost, grain producers are forced to sell goods below their cost. According to average calculations, the selling price of a ton of wheat in the field decreased to $100-$120, with a production cost of at least $120-$150. 

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