Ukraine will export some agricultural products to the EU under new rules. Acting Minister of Agricultural Policy Taras Vysotskyi said that on June 5, updated rules for duty-free trade in agricultural products with the EU will come into effect and will be valid for one year.... #agroexportukraine #agroUkraine #FreeTradeAgreement #SugarExport #TarasVysotskyi #TradeRestriction
Farmers and lawyers have most often closed their businesses during the war. Agricultural enterprises represent the largest number of closed businesses during the war in Ukraine, with 1,261 companies from 2022 to the first quarter of 2024 inclusive. This is followed by wholesa... #agroUkraine #businessinukraine #LegalCompanies #UkraineBusinessActivity #Ukrainianfarmers
Ukraine unveils the Land Bank project, allowing farmers to lease state lands through auctions. The State Property Fund (SPFU) presented its Land Bank project, which allows farmers to lease state land transparently and competitively through Prozorro.Sales online auctions. The starting price for ... #AgroLandRental #agroUkraine #LandMarket #ProZorro #SPFU #UkraineLandBank
What happened in Ukraine’s land market in April? Analysts from the KSE Agrocenter notes that Ukraine’s agricultural land market continued to grow in April 2024. Purchase and sale agreement volumes were the largest since the beginning of the full-sca... #AgrolandPrices #agroUkraine #FarmLandReform #FarmLandSale #LandMarket #UkraineLand
How has the war changed Ukraine’s agricultural sector? At the Zmiiv vegetable factory in the Kharkiv region, cucumbers and tomatoes are no longer grown; instead, borscht vegetables and berries are planted in open ground. The company will plant 30 hectares... #agroUkraine #Kharkiv #Mykolaiv #VegetableExport #VegetableGrowing
How will land prices in Ukraine grow? The growth in Ukraine’s agricultural land prices over the next five years will be no more than 100%, according to Dmytro Skornyakov, CEO of HarvEast. “As long as land in Ukraine is a means of pr... #AgroLand #AgrolandPrices #agroUkraine #FarmLandSale #HarvEast
Experts outline the EU’s fears: Ukraine can potentially turn the agricultural market in European countries upside down. Agricultural expert and a founder of Zeminvest Oleksandr Chornyi emphasized that Ukraine has extraordinary agrarian assets that places it among global leaders. “Ukraine ranks sixth in the world ... #AgroLand #agroUkraine #EUfarmers #EuropeanIntegration #LandMarketUkraine #Zeminvest
EU accession will strengthen Ukraine and the entire bloc. Olga Stefanishyna, the Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine, is convinced that Ukraine will become stronger as a full member of the EU. At the same time, Ukraine... #agroUkraine #EUEconomy #EuropeanIntegration #OlhaStefanishyna #UkraineAccessionToEU #UkraineEconomy #UkraineEU #Ukrainianlogistics
Ukraine’s accession to the EU will solve the food problem and stimulate the development of the bloc’s economy. Portuguese Foreign Minister Paulo Rangel said that Ukraine’s accession to the EU will solve the food problem and “is of fundamental importance” for his country. He also explained tha... #agroUkraine #EuropeanIntegration #Migration #PauloRangel #Portugal #UkraineEU
Due to the non-taxation of 40% of the grain harvest, Ukraine has lost billions of dollars. Against the background of the war, Ukrainian farmers are resorting to “optimization” of grain taxation, which is why about 40% of the grain harvest avoids it altogether. Over the past two ... #agroexportukraine #agroUkraine #FarmersUkraine #TarasKachka #TaxesinUkraine #Ukrainiangrain
USAID is investing $250M in the Ukrainian agricultural sector, which will increase exports by $1.5B and attract $500M in private investment. Deputy Administrator of USAID Isobel Coleman said: “I am pleased to present the launch of the USAID Harvest program, which is directly aimed at investing in the future of the agricultural sector... #AgroInvestments #agroUkraine #InvestmentsinUkraine #IsobelColeman #USAID
The Ukrainian government has identified the most promising areas for investment and offers state support programs. Last year, despite the war, foreign investors invested $4.25B in Ukraine’s economy, said Minister of Economy Yulia Svyrydenko. “The government, together with the private sector, has identi... #agroUkraine #InvestmentsinUkraine #ProcessingPlantUkraine #UkraineEconomy #UkraineFacility #YuliyaSvyridenko
The largest Ukrainian chicken producer has increased its market share and decided to acquire a meat processing company for €14M. MHP Agroholding will acquire 100% of corporate rights in a Ukrainian meat processing company for €14M and has already made an initial payment of €3.5M, entitling it to 24.9% of the relevant corporate ... #agroUkraine #BusinessInvestments #ChickenProduction #MHP #PerutninaPtuj #PoultryUkraine
In the first quarter, the Ukrainian land market’s capitalization increased by $5.1B. KSE Agrocenter analysts stated that this was primarily due to the opening of the market to legal entities on January 1 of this year. It is noted that the former “moratorium lands” are in t... #agroUkraine #Capitalization #FarmLand #LandMarketUkraine #LandSalesUkraine
The EC has started working to integrate the Ukrainian agricultural sector into the EU in preparation for accession negotiations. The European Commission has started explanatory meetings with Ukrainian representatives regarding the implementation of official screening within the section of negotiations on agriculture and the dev... #agroUkraine #EUexpansion #EuropeanIntegration #KatarinaMathernova #TradeLiberalization #UkraineEU
A Ukrainian agricultural holding will invest $15M into its modernization and plans to increase its agricultural land by 20%. Agroholding TAS Agro plans to invest $15M in the modernization of outdated equipment, the introduction of moisture-saving technologies, and the abandonment of inefficient soil plowing, said the head o... #AgroInnovations #AgroLand #agroUkraine #ModernizationUkraine #TASagro
In the first quarter, the volume of Ukrainian agricultural exports dropped by 4%. In the first quarter of 2024, Ukraine’s export of agri-food products amounted to about $6.5B, which is 4% less than in the first quarter of 2023. It is noted that revenues from the sale of meat ... #agroexportukraine #agroUkraine #HoneyExport #MeatExport #UkraineFoodExport
Instead of buying, businesses are selling agricultural land in Ukraine. Ukrainian companies sold at least 1,283 hectares as of March 18, 2024. Since the beginning of 2024, at least 342 land plots have been sold. Since the land market was opened for legal entities, despite... #AgroLand #agroUkraine #FarmLandSale #LandMarketUkraine #LandReform
Ukraine’s accession to the EU will trigger a reform of the bloc’s Unified Agricultural Policy, said the Minister of Agriculture of Poland, Czeslaw Siekierski. “Ukrainian authorities will soon start negotiations on joining the EU. This process will force the EU to reform the Unified Agricu... #AgroEU #agroUkraine #AssociationwithEU #CzesławSiekierski #EUfarmers #UkraineEU
Due to EU restrictions, Ukraine will lose more than €300M, and the supply of sugar, poultry, and eggs to the EU market will stop. Ukraine’s losses due to the EU’s introduction of a new protective mechanism against its agricultural products, which will become effective June 6, will approximately amount to €315M. The introdu... #agroexportukraine #agroUkraine #TradeRestriction #UkraineEconomy #UkraineExport
What position did Ukraine hold among globabl exporters of agricultural products before the full-scale war? As KSE-Agrocenter analysts noted, over the past two decades Ukraine has gradually become the world’s main supplier of agricultural products. Before the full-scale invasion, agriculture produced ... #agroexportukraine #agroUkraine #GDPinUkraine #UkraineEconomy #Ukrainiangrain
The war has caused $10.3B in damages to the agricultural sector and $70B in economic losses. The Russian invasion damaged $10.3B of tangible assets belonging to Ukraine’s agro-industrial complex, with damage to agricultural machinery accounting for almost 57% of all losses, or $5.8B. In... #AgriculturalMachinery #AgroLossesUkraine #agroUkraine #GrainStorage #WarLosses
Ukraine must “cut” its agricultural sector to join the EU. As Politico writes, tariffs on imported Ukrainian agricultural products, which are currently under discussion, are necessary to correct the “inequality” in the trade balance between Ukrain... #agroUkraine #AndrzejHalicki #AssociationwithEU #EUfarmers #UkraineEU
Ukraine’s agro-industry leaders increased their income by 35% over the last year. The total income of the ten leading companies in the agricultural sector increased by 35% in 2023, according to the Opentabatot Index. Market leaders earned almost ₴86.6B, a third more than in 2022 an... #agroUkraine #Kernel #LNZgroup #MHP #Ukrprominvest
How the state supports the agricultural sector in 2024: a list of programs. This year, the government expanded the list of programs designed to support farmers who have been working in conditions of war for the third year in a row and, despite these difficulties, continue to ... #AffordableLoans #agroUkraine #AidForFarmers #UkraineFacility #Ukrainianfarmers
The UN’s FAO has failed to fulfill its promises to supply seeds, affecting Ukraine’s sowing campaign. The Ministry of Agrarian Policy of Ukraine and agricultural associations are unhappy with the work of the UN’s representative office of the Food and Agricultural Organization (FAO) in Ukraine. R... #agroUkraine #AidForFarmers #FAO #Sowing2024 #Ukrainianfarmers
Due to export issues with the EU, Ukraine is reorienting its sugar exports: 20% was purchased by three African countries. Since the beginning of March, Ukrainian sugar producers began actively selling their products on the African continent. This alternative direction appeared following active lobbying to ban the sale of... #agroexportukraine #agroUkraine #SugarExport #SugarProduction
The government has named five key sectors of Ukraine as future EU members. Prime Minister of Ukraine Denys Shmyhal singles out five sectors – defense, energy, agriculture, raw materials, and digital – in which Ukraine hopes to declare itself a future member of th... #agroUkraine #AssociationwithEU #DenysShmyhal #energyukraine #UkraineEconomy #UkrainianEnterprises
Ukraine’s integration into the EU will change the EU’s agricultural support system. According to Ukraine’s trade representative, Taras Kachka, the decision of the Committee of the European Parliament to extend duty-free trade for Ukrainian agricultural products was a chance to ... #AgroEU #agroUkraine #EuropeanIntegration #FreeTradeAgreement #TarasKachka
What industries in Ukraine do investors consider promising during the war? In the conditions of Russian aggression, Ukraine is attractive for investors who work with so-called distressed assets. These investors are willing to buy risky assets very cheaply, expecting potentia... #agroUkraine #ForeignInvestor #InvestmentsinUkraine #ProcessingPlantUkraine #UkraineEconomy
Ukrainian agrarians predict an 8% smaller harvest of grain and oil crops this year, hence a drop in exports. The Ukrainian Grain Association predicts that the 2024 harvest will amount to 76.1 million tons of grain and oilseed, which is 6.5 million tons, or 8%, less than last year. A potential decrease in the... #agroexportukraine #agroUkraine #GrainHarvest #Harvest2024 #Ukrainiangrain
The Ministry of Agriculture of Ukraine assesses the profitability of the farm sector. In 2024, profitability will increase for all grain and oil crops. This is forecast provides that the situation with security and exports utilizing sea transport will not become more complicated, and t... #agroexportukraine #agroUkraine #FarmersUkraine #GrainHarvest
Reduction in production and closure of enterprises: How do EU export restrictions threaten the Ukrainian agricultural sector? According to the top manager of the Poultry Union of Ukraine, Serhiy Karpenko, the EU is the primary market for selling several agro-food products from Ukraine. The EU market remains essential for the... #agroexportukraine #agroUkraine #PoultryFarmUkraine #SerhiyKarpenko #TradeVisaFree
Poland wants to introduce additional taxes and quotas for Ukrainian products. Poland is considering the introduction of an 8% value added tax on oil and restrictions on sugar imports from Ukraine. Michal Kołodziejczak, Deputy Minister of Agriculture of Poland, has supported the... #agroexportukraine #agroUkraine #MichalKolodziejczak #TradeAgreement #TradeVisaFree
A Ukrainian agriculture company is constructing an elevator using green technologies. Agrosem received a €1M, five-year loan from Raiffeisen Bank to build a grain elevator with a capacity of 22,000 tons. The facility at the MOST Logistic Terminal will allow farmers to transship 400,000... #Agrosem #agroUkraine #GrainElevator #RaiffeisenBankUkraine
Which countries imported the most Ukrainian agricultural products? Last year, Romania topped the ranking of the largest importers of Ukrainian farm products for the first time, buying $2.87B of them. This coutnry’s share in the domestic export of agricultural product... #agroexportukraine #agroUkraine #GrainEmbargo #UkrainianFlour
Here are the restrictions for Ukraine in the new trade agreement with the EU. The latest draft agreement on trade preferences between Ukraine and the EU, which the European Commission plans to extend until June 6, 2025, provides restrictions on exporting Ukrainian sugar, poultr... #agroexportukraine #agroUkraine #GrainEmbargo #TradeAgreement #ВідвантаженнятоварівУкраїна
Ukraine needs to increase vegetable storage capacity by 60%. Analysts note that according to pre-war estimates, there were 493 non-specialized vegetable warehouses and 437 potato warehouses in Ukraine. Capacities were concentrated in areas with high production.... #AgroImportUkraine #agroUkraine #VegetableStorageFacility
Ukrainian entrepreneurs will be punished for violating the rules for exporting agricultural products to some EU countries. As Minister of Agricultural Policy of Ukraine Mykola Solskyi said during an online meeting with his Bulgarian counterpart Kyryll Vatev, the government has adopted a resolution that improves the rules ... #agroexportukraine #agroUkraine #KyryllVatev #MykolaSolsky #UkrainianGrainTransit
Despite record processing volumes, Ukraine’s largest sugar producer’s net profit declines 10%. In the last production year, Astarta processed 2.7 million tons of sugar beets, grown both independently and by agricultural partners, and produced 377,000 tons of sugar at its five sugar factories. T... #AgroHarvestUkraine #AgroholdingAstarta #agroUkraine #SugarProductionUkraine
The US improves its forecast for Ukrainian sunflower oil exports, and Kernel increases production by 24%. The US Department of Agriculture (USDA) increased its forecast for the exportation of vegetable oils from Ukraine in the current trading season to 6.4 million tons. It is noted that sunflower oil will... #agroUkraine #Kernel #SunflowerOil #SunflowerOilExports #usda
The second stage of land reform has had the opposite of the intended effect: businesses are not buying but selling hectares. Beginning in January 2024, the Ukrainian land market is open to legal entities. Companies now can purchase up to 10,000 hectares of land officially. However, companies that already own many plots are ... #AgroLand #agroUkraine #LandMarketUkraine #LandReform #LandSalesUkraine #Svitanok
Ukraine’s largest grain market operator is asking USAID to expand its railroad fleet. The Nibulon company wants to expand its railcar fleet by 250 units and has asked USAID to finance this initiative. Mykhailo Rizak, the grain trader’s top manager, recalled that in 2023, USAID helped N... #agroexportukraine #agroUkraine #nibulon #UkrainianRailways #USAID
Ukraine remains one of the top three suppliers of agricultural products to the EU. According to the volume of agricultural imports to the EU in the period from January to October 2023, Ukraine remains in third place with an indicator of €12.843B (+ €371M, or +3% compared to the same... #agroexportukraine #agroUkraine #ВідвантаженнятоварівУкраїна
Businesses have entered the land market, buying 68 plots. Since the beginning of the year, when the second stage of land market reform began, legal entities have already purchased 68 plots, the Ministry of Agricultural Policy reported. We note that that the ... #AgroLand #agroUkraine #FarmLandSale #LandMarketUkraine
Ukrainian farmers earned 77% less from the new crop than was expected. EBITDA for major crops harvested in 2022 was $47 per hectare in December 2023, while their forecasted value was $206 in February, Agrohub research shows. The actual result is less than one-fourth of t... #AgroLossesUkraine #agroUkraine #FarmersProfit #FarmersUkraine
Ukraine needs to build 150 vegetable storage facilities to ensure food security. The construction of dozens of modern warehouses for vegetables will allow Ukraine to become independent from product imports, especially in the spring, said Dmytro Solomchuk, a Verkhovna Rada Committe... #agroUkraine #DmytroSolomchuk #FoodSecurity #VegetableStorageFacility
Epicentr Agro has started construction of a plant to produce fertilizers. The Epicentr Agro holding, part of the Epicenter K group of companies, has begun constructing a plant to produce a urea-ammonia mixture and liquid complex fertilizers in the Vinnytsia region. Fertiliz... #agroUkraine #EpicentrK #EpicentrKAgro #FertilizerProductionUkraine
In the current trading season, Ukraine’s agricultural exports decreased by 27%, and farmers’ annual losses will reach $3B. From July 1 to December 15, Ukraine exported about 24 million tons of grain, oilseeds, and their processed products, which is nine million tons less than in the corresponding period last year, accordi... #agroexportukraine #AgroLossesUkraine #agroUkraine #OlegKhomenko
Astarta invests $60M in the construction of a soybean processing plant. Astarta Agroholding, the largest sugar producer in Ukraine, received a $60M loan from state-owned Oschadbank to construct a soybean processing plant in the Poltava region. It is clarified that the cre... #AgroholdingAstarta #AgroInvestments #agroUkraine #SoybeansUkraine
