On July 1, a limited farm land market is to open. Sales only are allowed among Ukrainians and the limit is 100 hectares.

Tuesday, May 25, 2021

In advance of this modest opening, farm land rents increased 6.5% yoy in 2020 to an average of 3,380 hryvnia/hectare, Ellina Yurchenko, a farmland expert for the Ukrainian Agrarian Business Club said in a press release Friday. At the Forum, Timofei Milovanov, president of the Kyiv School of Economics, said that by allowing farmers to borrow against their land, the market will result in higher yields, greater productivity and an extra $2 billion in tax revenues.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post

In the six-week runup to the market, the Rada should pass partial loan guarantees for small farmers and anti-corruption regulations

Next post

During the 20-year ban on farm land sales, Ukraine’s state has lost the equivalent of “almost two Crimean peninsulas,” to land thefts by “businessmen and politicians,”

Previous Main Topics