The largest Ukrainian poultry producer and exporter has returned to profitability and increased its export sales by 25%. The MHP agricultural holding’s net profit for the nine months of the year reached $122M, compared with a loss of $269M for the same period in 2022, and turnover increased by 22%, amounting to $2.3B, a... #agroUkraine #ChickenProduction #MHP #poultryexport #PoultryFarmUkraine
Due to export restrictions, a large harvest will not bring profit to Ukrainian farmers. As Deputy Minister of Agricultural Policy Taras Vysotsky said, the agricultural sector will remain unprofitable due to limited opportunities for export and low prices on the domestic market, despite a... #agroexportukraine #agroUkraine #GrainHarvestUkraine #TarasVysotskyi
Ukraine has already harvested 71.5 million tons of the new harvest, and the USDA has improved its forecast for Ukrainian corn and wheat exports. According to the Ministry of Agriculture, as of November 10 farmers have harvested 71.5 million tons of new grain and oil crops. This figure includes more than 51.27 million tons of grain and 20.24 mi... #agroUkraine #HarvestUkraine2023 #Ukrainiangrain #usda
The IBRD and the World Bank provide Ukraine with $1.25B to restore agriculture. Ukraine and the IBRD have signed a grant and loan agreement for $550M within the World Bank’s Emergency Project of Provision of Inclusive Support for the Restoration of Ukraine’s Agriculture (AR... #agroUkraine #AidForFarmers #GrantsForFarmers #IBRD #worldbank
New rules for food exports have come into effect in Ukraine. Ukraine is introducing the mandatory registration of food exporting companies to prevent abuses such as tax evasion when exporting key agricultural commodities. According to the government’s res... #AgroBusinessUkraine #agroexportukraine #agroUkraine #TaxesFromFarming
The World Bank will help Ukrainian farmers mobilize about $1.5B in working capital. The World Bank is implementing an emergency project to provide inclusive support for the recovery of agriculture in Ukraine (ARISE). More than 90,000 farmers will receive assistance in attracting soft... #AgroInvestments #agroUkraine #ARISE #FarmersUkraine #worldbank
During the first year of the war, Ukraine’s largest agricultural producers increased their income to ₴100B. In 2022, total income for the top ten agrarian producers increased by 27% to ₴97.65B ($2.65B). At the same time, half of the businesses from the top ten make up the enterprises from the MHP group. The... #AgroBusinessUkraine #agroUkraine #Kernel #MHPukraine
Ukraine’s largest sunflower oil exporter earned $299M in net profit this year. According to results from the 2023 fiscal year (July 2022 – June 2023), Agroholding Kernel earned a net profit of $299M, according to the company’s financial report. At the same time, the ... #AgroBusinessUkraine #agroUkraine #Kernel #UkraineSunflowerOil
The war is killing Ukrainian agricultural enterprises. Last year, the number of working enterprises in agriculture, forestry, and fishing decreased from 51,800 to 35,600 (-31.4%). This is the largest decrease since 2012, significantly exceeding similar ec... #agroUkraine #FarmersUkraine #UkrainianEnterprises
Ukrainian agricultural holding will receive $480M in loans for debt refinancing and other needs. The IFC, EBRD, and DFC will provide Ukrainian agricultural holding MHP with $480M for debt refinancing and maintenance of current activities. As reported by the IFC, it will provide $30M for the moder... #agroUkraine #DFC #ebrd #ifc #MHPukraine
Ukraine collected 57.6 million tons of grain and exported more than 8 million tons, but losses will exceed $3.2B. As of October 20, Ukrainian farmers have already gathered 57.6 million tons of grain and oil crops in the new harvest. Ukrainian farmers collected more than 39.23 million tons of grain and 18.46 milli... #agroUkraine #FarmersUkraine #GrainHarvest #HarvestUkraine2023
Ukraine will send 75% of its grain harvest to foreign markets. This year’s harvest of grain and oil crops in Ukraine will be at 79 million tons, 10% more than last year. Three-quarters should be sent for export, Prime Minister Denys Shmyhal said during a go... #agroexportukraine #agroUkraine #DenysShmyhal #GrainHarvest #HarvestUkraine2023
In the midst of the war, Lebanese and Jordanian companies have invested $15M in a farm in the Kyiv region. The companies are retooling the production facilities at the MP Agro-Trading House in the city of Tarasha, which is engaged in the breeding and harvesting of cattle. The project was implemented after ... #AgroInvestments #agroUkraine #farmingukraine #MeatExport #MeatProcessingPlant
Agriculture will become a cornerstone of Ukraine’s path to the EU. With the approach of Ukraine’s accession to the EU, the number of economic disputes will increase, and they will often revolve around agriculture, according to the Minister of Agricultural Polic... #agroUkraine #AssociationwithEU #JosepBorrell #MykolaSolsky #TarasKachka #UkraineEU
Last year, Ukrainian farmers’ profit decreased by 63% to UAH 87.1B. The Institute of Agrarian Economics reported that this is the total profit from the agricultural, forestry, and fishing industries. The department noted that this is the highest indicator in terms of ... #agroUkraine #UkraineEconomy #Ukrainianfarmers
Ukraine has increased its export of potatoes and meat. According to EastFruit, the export of potatoes for six months reached 19,800 tons. Ukraine last exported over 10,000 tons of potatoes in 2013, when 14,700 tons were delivered to foreign markets. It is... #agroexportukraine #agroUkraine #MeatExport #PotatoesExport
The EU refuses to increase sugar beet production due to the threat of competition with Ukraine. Sugar producer Saint Louis Sucre (SLS), owned by Germany’s Suedzucker, has asked French farmers not to increase beet production in 2024. Otherwise, it will not be possible to avoid a drop in sug... #agroexportukraine #agroUkraine #Suedzucker #SugarBeets #SugarProduction
The Ukraine Grain Association has created an International Charitable Fund for demining agricultural lands. The fund is designed to help Ukrainian farmers clear their fields, sow, and grow grain again. Currently, about six million hectares of agricultural land have been affected by the war. Demining this te... #AgroLand #agroUkraine #DeminingUkraine #WarinUkraine
The Belgians are completing the construction of a grain drying complex in Cherkasy. The Granex-Cherkasy company is completing the construction of a grain drying complex with a capacity of up to 600 tons per day in the Cherkasy region, the developer of the ProjectLine project reported... #agroUkraine #GrainDryingComplex #GrainElevator #GranexCherkasy #ProjectLine
The Ukrainian agricultural sector risks losing $3-4B annually due to insufficient export volumes. Currently, Ukraine exports about three million tons of grain per month. If this indicator is not increased to 5.5-6 million tons, the domestic agricultural sector may lose $3-4B per year, the Parliame... #agroexportukraine #agroUkraine #DmytroSolomchuk #FarmersUkraine #Ukrainiangrain
Ukrainian Bukovyna exports apples to Europe, Saudi Arabia, UAE, and Turkey. The head of Chernivtsi city administration, Ruslan Zaparanyuk, spoke about the local enterprise, Molodizhna Agro Association, which cultivates 48 hectares of apple orchards in the villages of Oleksiiv... #agroUkraine #GardeningUkraine #OhMyGarden #UkraineAppleExports
Ukraine has harvested 33 million tons of new crop grain and exported 4.5 million tons. As of August 31, farmers throughout all regions of Ukraine threshed more than 33 million tons of new harvest, 29.2 million tons of grain, and more than four million tons of oil crops. The largest amou... #agroexportukraine #agroUkraine #GrainHarvestUkraine #Ukrainiangrain
The largest sugar producer in Ukraine doubled its six-month profit. Agropromholding Astarta generated €54.73M in net profit for the first half of the year, which is 97.4% more compared to the first half of 2022. According to a report from the company, revenue for the... #AgroholdingAstarta #agroUkraine #SugarfromUkraine #SugarProduction
Ukraine has started the sowing season for the 2024 harvest, but the forecasts are not encouraging. Traditionally, in the second half of August the sowing campaign for the following year’s winter crops begins in the southern regions of Ukraine. However, forecasts regarding the season’s r... #agroUkraine #GrainHarvestUkraine #Sowing2024
The US improves its forecast for the Ukrainian grain harvest. In its August forecast, the US Department of Agriculture improved the forecast for Ukraine’s wheat harvest in the current marketing year from 17.5 to 21 million tons, and corn – from 25 to... #agroUkraine #GrainHarvest #HarvestUkraine2023 #usda
The Time investment group is completing the construction of two plants in the Cherkasy region for UAH 280M. The group invested more than UAH 100M in the construction of a plant for processing millet into flour, and UAH 180M in a plant for processing corn into groats and flour, company founder Yuriy Tkachenk... #agroUkraine #FoodProcessingUkraine #TimeInvestGroup #YuriyTkachenko
Ukraine has already gathered 16.6 million tons of new grain and improves its forecasts. According to the Ministry of Agriculture, 12.5 million tons of wheat, 3.8 million tons of barley, and 300,000 tons of peas were threshed. Harvesting of winter rape also continues – 3.3 million t... #agroexportukraine #agroUkraine #GrainHarvest #HarvestUkraine2023
Ukrainian farmers will be forced to sell their grain at $40 below cost. As a result of the closed Black Sea ports and the current cost of logistics through the Danube, farmers will face the reality of selling grain at $40 cheaper per ton, which is below their production c... #agroUkraine #EBA #GrainExportUkraine #StephaneDujarric #Ukrainiangrain
Ukraine will have no grain storage problems due to sufficient grain sleeve supplies. Ukrainian farmers will not experience a grain storage capacity shortage thanks to the donated grain sleeves that arrived in 2022, said the chairman of the Committee on Agrarian and Land Policy, Oleksa... #agroUkraine #CropStorageSleeves #GrainStorage #OleksandrHaydu
Japan will help Ukraine restore and modernize irrigation systems. Japan will help Ukraine restore and modernize irrigation systems in the Odesa, Mykolaiv, Dnipropetrovsk, Poltava, Cherkasy, and Zhytomyr regions, announced the government of Ukraine after a meeting be... #agroUkraine #IrrigationSystemsUkraine #JapanandUkraine #JICA
The land market has lost UAH 11.5B since the war began. Since the start of the war, the Ukrainian agricultural land market has lost UAH 11.5B. Opening the market for legal entities in 2024 could bring an additional 1%-2.7% of GDP annually during the next t... #AgroLossesUkraine #agroUkraine #LandMarketUkraine
Juice composition requirements in Ukraine will be in line with EU standards. Ukrainian juice ingredients will be brought to European standards. In particular, the amount of sugar will be reduced, announced the Deputy Minister of Agrarian Policy Taras Vysotskyi. According to hi... #agroUkraine #EUstandards #JuiceProduction #TarasVysotskyi
USAID provides $250M to support agriculture in Ukraine. The head of USAID, Samantha Power, condemned Russia’s decision to suspend participation in the grain initiative and announced the allocation of $250M to support Ukraine’s agriculture. The ... #AgroInvestments #agroUkraine #GrainAgreement #SamanthaPower #USAID
A Ukrainian agricultural company will build a €13.7M elevator at a railway transshipment facility near the border with Poland. The EBRD will loan €9.6M to the Ukrainian agricultural company Agrosem to expand the railway terminal near the Polish border and develop a grain transshipment complex and container yard. The EBRD clar... #AgroInvestments #agroUkraine #GrainElevator #GrainExportUkraine
A Kherson agricultural company plans to move to Odesa and build a new factory to replace its occupied facilities. The Chumak company plans to build a plant to produce tomato paste in the Odesa region. The company considers this region to be the most favorable in terms of climatic conditions. The relocation of Chu... #agroUkraine #BusinessRelocation #Chumak
The IMF announces the risk of Ukraine losing up to $800M monthly due to reduced agricultural exports. In particular, the International Monetary Fund expects a decrease in grain exports from Ukraine due to poor harvests and mined fields. The volume of Ukrainian grain exports is predicted to decrease to... #agroexportukraine #agroUkraine #GrainExportUkraine #GrainHarvestUkraine #imf
Ukrainian farmers expect a high wheat yield this year. According to a survey by the UkrAgroConsult company, most Ukrainian farmers expect a high wheat yield in 2023. In particular, 64% of respondents predict it will exceed five tons per hectare. The expec... #agroUkraine #FarmersUkraine #GrainHarvestUkraine #WheatHarvest
Ukraine and Britain will monitor the grain being stolen by the invaders. Ukraine and Great Britain are discussing the issue of cooperation to track the grain that the Russians are stealing from the temporarily occupied territories, reported the Ministry of Agrarian Policy.... #agroUkraine #GrainStolenByRUssia #KakhovkaReservoir #MarkSpencer #StolenGrain #TarasVysotskyi #Ukrainiangrain
Termination of the grain corridor will put pressure on the hryvnia. “Implementing the termination of the grain corridor will have negative consequences for Ukrainian exports with a corresponding decrease in foreign currency inflows to the country and a possible increa... #agroexportukraine #agroUkraine #GrainAgreement #GrainCorridors #hryvniaexchangerate #nbu
The development of Ukraine’s agricultural and energy capacities guarantees the security of the entire world. The reconstruction and development of agricultural and energy facilities in Ukraine will protect the world from chaos, said President Zelenskyy during his speech in London. According to him, at least ... #agroUkraine #ConferenceLondon2023 #energyukraine #RenewableEnergyUkraine #UkraineRecoveryConference #Zelenskyy
Ukraine will lose $8 billion annually due to mined agricultural lands. The revenue losses will result because the land will be idle, researchers say. Experts have estimated that agricultural losses from the full-scale invasion, as of April 24, 2023, amounted to $8.7B, of... #AgroLossesUkraine #agroUkraine #FarmersUkraine #WarinUkraine #WarLosses
The sowing campaign in Ukraine is ending with 103% of planned farmland planted. According to the Ministry of Agriculture, as of June 15 the area under early grain and leguminous crops reached 5.6 million hectares, 3% higher than the March forecast. At the same time, the planted a... #agroUkraine #FarmersUkraine #Grainsowing #SowingUkraine
Farmers from Ukraine’s southern regions will need at least eight years to return production to pre-war levels. According to the Ukrainian Agrarian Council, this will not possible until the Kakhovka HPP’s reconstruction. This amount of time will be needed because it will take five years to restore the station, ... #agroUkraine #DenysMarchuk #FarmersUkraine #KakhovkaHPP
The American forecast for the harvest and export of Ukrainian grains has increased. The United States Department of Agriculture (USDA) updated its forecast for the balance of major agricultural crops for the 2023/2024 marketing year, in which it increased the indicators of production... #agroexportukraine #agroUkraine #GrainHarvestUkraine #SowingUkraine #usda
Ukraine plans to attract foreign investors to construct grain elevators on the borders with the EU. The relevant Committee of the Ukrainian Parliament has developed a draft law to help attract foreign investment to build a land corridor to export Ukrainian agricultural products. “This will contribut... #AgroInvestments #agroUkraine #GrainElevator #GrainStorage #OleksandrHaydu
Ukrainian farmers’ losses due to the war have reached $3.9B. The largest losses were suffered by small farmers specializing in crop and livestock production, the UN FAO reported. According to a survey’s result, the number of small producers in Ukraine decreased... #AgroLossesUkraine #agroUkraine #FAO #FarmersUkraine
The Ukrainian agricultural sector’s losses from the war amount to $40.2B, according to the Center for Food and Land Use Research at the Kyiv School of Economics’ calculations. In particular, the Ukrainian agricultural sector has suffered $8.7B in direct losses. Since Novemb... #AgroLossesUkraine #agroUkraine #WarinUkraine
Ukraine plans to sow a 12-year record wheat area. Farmers have already planted 247,000 hectares of spring wheat by mid-May out of the planned 285,000 hectares, the Ministry of Agrarian Policy of Ukraine reported. They noted that the last time similar... #agroUkraine #Grainsowing #SowingUkraine #WheatProduction
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 ... #agroUkraine #DenysBashlyk #FarmLand #FarmLandPriceUkraine
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... #agroexportukraine #AgroInvestments #agroUkraine #GrainElevator #GrainStorage #nibulon
