agroUkraine

Friday, January 21

Ukrainian grain exports up more than 20%. According to the State Customs Service of Ukraine, since the beginning of the 2021/22 marketing year, Ukraine exported 35.07M metric tons of grains and pulses, up by 7.502M metric tons YOY, reported t...

Wednesday, December 29

In 2-3 years, the price of agricultural land may increase to UAH 60,000 per hectare. According to the First Deputy Minister of Agrarian Policy, Taras Vysotsky, the price per hectare is 38,000 UAH due to small land sales. Foreigners and large landowners do not buy land bypassing the la...

Tuesday, December 21

Exports and imports of agricultural products in 2021 increased by 22% The foreign trade turnover of agricultural products and foodstuffs for 11 months of 2021 increased by 22% compared to the corresponding period of 2020, to $31.3 bln, which is 24.7% of the total foreig...

Wednesday, December 15

Revenue from the export of walnuts fell by 20%. In the last nut season (October 2020 – September 2021), income from walnut exports decreased by 20% compared to the previous season, to $98.6 mln. Sales of walnut kernels to Turkey declined by 7...

Friday, December 3

The Ukrainian stand was presented at Istanbul’s Export Gateway to Africa exhibition. For the first time, the exhibition presented a Ukrainian collective stand dedicated to agricultural food products of Ukraine, with the participation of 9 domestic companies (exporters of sunflower oil...

Thursday, November 25

The main principles of the Partial Loan Guarantee Fund to farmers was presented by the Ministry of Agriculture. It will allocate UAH 24 bln ($900 mln) to finance farmers. The Fund’s authorized capital is UAH 3 bln ($112 mln), said the Minister of Agriculture o...

Tuesday, November 23

The first electronic land auction to be held in Kyiv. The city authorities made this announcement. The head of the Kyiv Digital Transformation Administration, Petro Olenych, said that the Kyiv administration stated that it was possible to update the info...

Wednesday, November 17

The Parliament of Ukraine, the Verkhovna Rada, has unblocked the signing of the law on the loan guarantee fund for farmers. The Verkhovna Rada rejected resolutions repealing the decision to pass a Partial Guarantee Fund for Agriculture law. According to the bill, farmers who cultivate up to 500 hectares will have guarantee...

Tuesday, November 9

The Agrarian Fund has confirmed that it has lost ₴2.14 bln. The funds which equate to $81.4 mln placed in accounts of the bankrupt Brokbusinessbank in 2014, and were not returned to the company after the bank’s liquidation. The Agrarian Fund was founded ...

Thursday, November 4

The Cabinet of Ministers plans to approve a methodology for the valuation of land plots. They will consider a draft resolution approving the methodology of regulatory monetary valuation of land, said the Minister of Agrarian Policy and Food Roman Leshchenko.

Low apple prices lead to a farming crisis. This year’s apple harvest in Ukraine has exceeded demand. This is problematic for farmers as it is impossible to sell fruit profitably, reported Ukraine 24 TV channel. Since the beginning of October, ...

Friday, October 29

Government support for the agro-industrial complex should be at 1% of GDP. The Ministry of Agrarian Policy, Roman Leshchenko, said, “We have already defended the position of ₴4.6 bln ($174 mln) for the agro-industrial complex (for 2022). We are in dialogue with the Min...

10 million hectares of land in Ukraine are cultivated unofficially. According to the State Tax Service, the area of agricultural land, the cultivation of which is not officially recorded, is 10 million hectares, or one-sixth of the area of Ukraine, said the acting hea...

Thursday, October 21

The Grain Association has developed a new bank guarantee mechanism for forward contracts . A presentation of a new mechanism will allow exporters to get a higher price through a reliability premium, reduce the risk of potential losses to buyers and guarantee the reliability of suppliers,&...

Tuesday, October 19

Egg production has decreased. In January-September 2021, egg production in Ukraine decreased by 14.1% compared to the same period in 2020. According to the State Statistics Service, the largest number of eggs during this period wa...

Thursday, October 7

The harvest of oilseeds in Ukraine in 2021 is estimated to be 23.2 million tons, which is a 19% increase in volume from the 2020 harvest. “Despite the expected record harvest, prices for Ukrainian agricultural products remain quite high....

Friday, October 1

Agro-industrial exhibition of Ukraine “AgroExpo-2021” has opened in the Kirovograd region. UkraineInvest’s Executive Director Sergiy Tsivkach took part in the opening of the event where 510 companies are represented, and participant levels are expe...

Monday, September 13

Ukraine exports 10.3 mln tones of cereals and legumes at the beginning of the period 2021/2022. Since the beginning of the 2021/2022 marketing year, Ukraine has exported 10.29 million tons of grain and leguminous crops. This figure is 11.7% more than the...

Wednesday, September 8

The serious challenge posed by desertification and lack of proper irrigation systems. Due to desertification, the lack of investment and poor technologies, 20% of Ukraine’s arable land is degraded and unproductive. Farmers have been forced to get creative as the old and under-maintaine...

Friday, August 27

After being launched on July 1, 2020, the land market reform is showing results. As of August 25, 9,072 agreements have been concluded within its framework. Transactions for 19,356 hectares of land were registered. Most land plots were sold in Poltava region (2,284 ha), Kharkiv re...

Thursday, August 12

Ukraine’s top 25 agribusinesses control 9% of the nation’s cultivated farm land, according to a survey by Concorde Capital. The top five are: Kernel — 510,000 hectares; Ukrlandfarming — 475,000 hectares; MHP — 370,000; Agroprosperis — 300,000 hectares; and ...

Thursday, July 1

To turn around Ukraine’s declining dairy production, the government should extend $200 million a year in support to the sector, Vadym Chaharovsky, head of Ukraine’s Union of Dairy Enterprises, told reporters on Tuesday. By contrast, he said, the EU’s dairy subsidies amount to €10 billion a year. Ukraine also should stop import...

New markets opened this year for Ukraine’s dairy exports: Argentina, Japan, Kuwait, Lebanon, and Libya. Last year, Ukraine doubled imports of dairy products, to $304 million, while seeing exports fall by 17%, to $226.6 million.

Tuesday, June 8

Two thirds of Ukraine’s farmland is at risk of drought due to climate change, Ukraine’s Agriculture Minister Roman Leshchenko told the Ukraine 30 Ecology forum yesterday. “Climate change is taking place and in fact two thirds of our territory is becoming a zone of risky agricul...

Friday, April 30

This spring’s cool, wet weather will boost grain harvests by 14.5% and exports by 28%, the Ukrainian Grain Association predicted yesterday. In reality, this would return Ukraine to the bumper year of 2019/2020. Looking ahead, corn exports are to jump 27% in the coming marketing year, to...

Wednesday, April 21

The US will displace Ukraine as China’s top source of corn this year as predicted on the China’s Global Times news website. In the first two months of this year, China’s corn imports increased by 414% yoy, to 4.8 million tons. The US pulled ahead of Ukraine, largely du...

Ukraine’s grain exports could rebound by 19% in the upcoming marketing year, reaching 54 million tons, predicted APK-Inform, the agriculture consultancy. Ukraine could export: 29.50 million tons of corn; 20 million tons of wheat; and 4.3 million tons of barley. In the last decade, Ukraine more than qua...

April’s soaking rains and a good start to the spring sowing campaign lead Economy Ministry analysts to predict a bumper grain crop of 75 million tons in 2021. This would be 15% over last year’s output. State weather forecasters said last month around 98% of Ukrainian winter wheat crops and 100% of winter barley were in good condition.

Soybeans, a footnote to Ukraine’s grain story, are expected to see a 36% jump in production in the upcoming marketing year, 3.8 million tons. The USDA attributes this to a change in tax laws that make soybean production more profitable. Exports in the upcoming marketing year are expected to reach 2 million tons, up 20% over last year. This ...

Ukraine, the world’s largest sunflower oil exporter, is expected to increase sun oil exports by 17% in the upcoming marketing year, to 6.5 million tons. With cooking oil price hikes pushing up Ukraine’s March inflation, the Economy Ministry and the Ukroliyaprom Trade Association agreed Monday to limit sunflower oil exports to 5.38 million tons in the ...

Tuesday, April 20

The EBRD is also lending $57 million to the Kernel Group to improve the storage, transportation and export of agricultural commodities , the bank reported in a press release. The loan is part of a $200 million syndication arranged by French investment bank Natixis for Kernel, the world’s leading producer and exporter of sunflow...

Wednesday, April 14

Agroholding Astarta, Ukraine’s largest sugar producer, increased its EBITDA by 45.6% to €113.4 million. The company increased its sugar EBITDA 9-fold, to €80.2 million, by selling one unprofitable sugar mill and by cutting sugar exports by 29%. Sugar prices were higher in Ukraine, where the company has ...

Concorde Capital’s Alexander Paraschiy wrote: “The company’s EBITDA and net leverage are the best in the last three years, making it one of the least risky farming and food companies in the Ukrainian universe.”

Monday, April 12

Driving up egg prices, Oleg Bakhmatyuk, owner of Avangard, the nation’s largest egg producer, has halved egg production over the last 18 months, to 170 million eggs a month. He has blamed the criminal prosecution by the National Anti-Corruption Bureau, saying it has cut him off from bank loans...

Wednesday, April 7

Corn exports are down 25% yoy in the first half of the October-September 2020 marketing season, reported APK-Inform. Of the 15.9 million tons exported so far, the top markets were: China – 6 million tons; EU – 5 million tons; and Egypt – 1.7 million tons. This year, Ukraine is expected to export...

Monday, April 5

“In the food & agriculture segment, higher prices have been offset by lower volumes, resulting in a 3.3% yoy total decrease in exports,” writes Oleksiy Blinov, Alfa’s research head. “Sunflower volume exports are up only 1.5% yoy in March, but the export price has more than doubled.” Similarly, higher grain export prices have compensate...

Monday, January 25

Net foreign direct investment in Ukraine was the worst in 20 years Net foreign direct investment in Ukraine was the worst in 20 years, Lenna Koszarny Founding Partner and CEO of Horizon Capital, said Friday at a discussion of the draft National Economic Strategy 2030...

Last year’s remittances from Ukrainian workers abroad totaled $12 billion — almost five times the net direct foreign investment of $2.5 million. Last year’s remittances from Ukrainian workers abroad totaled $12 billion — almost five times the net direct foreign investment of $2.5 million. In 2018, net FDI added up to $2.4 billion. Kyrylo...

Despite coronavirus travel controls, worker remittances are expected to be near last year’s level. Despite coronavirus travel controls, worker remittances are expected to be near last year’s level. Ukraine’s State Border Guard Service reports that 35% of the 11,250,000 border crossings out of Ukrai...

The sale of large state companies starts this year and will not be reversed, The sale of large state companies starts this year and will not be reversed, Prime Minister Shmygal vowed Friday at the meeting to debate the National Economic Strategy through 2030. He added: “Invest...

To promote investment into Ukraine, UkraineInvest is creating up to 70 information offices in Ukrainian embassies around the world To promote investment into Ukraine, UkraineInvest is creating up to 70 information offices in Ukrainian embassies around the world, Serhiy Tsivkach, executive director of the Investment Promotion Agen...

Turkish companies are interested in investing in Chornomorsk container terminal and railway and ferry complex Turkish companies are interested in investing in Chornomorsk container terminal and railway and ferry complex, Infrastructure Minister Vladyslav Krykliy reports after meeting Thursday with executives ...

DTEK Renewables plans to launch solar and wind projects in the EU as early as this year, DTEK Renewables plans to launch solar and wind projects in the EU as early as this year, DTEK Renewables CEO Maris Kunickis tells Bloomberg in an article headlined: “DTEK Looks Abroad After Ukraine Ba...

Ukrainians bought two thirds of their long-distance train tickets online last year Ukrainians bought two thirds of their long-distance train tickets online last year, reports Ukrzaliznytsia. By buying 12.9 million tickets through the Internet, at booking.uz.gov.ua, travelers had eas...

The longest train ride in Ukraine is also one of its five most popular The longest train ride in Ukraine is also one of its five most popular, reports Ukrzaliznytsia. Every day, Train No. 45 sets off from Uzhgorod or Lysychansk, Luhansk, ambling across Ukraine making at ...

Restaurants, gyms and shopping centers reopen in Ukraine today Restaurants, gyms and shopping centers reopen in Ukraine today as the nation emerges from the coronavirus lockdown-imposed Jan. 8. Registered new infections are running at about 5,000 a day, about one...

Ukraine imported a record amount of wine last year — $180 million. Ukraine imported a record amount of wine last year — $180 million. Top supplying countries are: Italy – $ 29 million; France – $ 27.5 million; and Georgia – $26 million. Over t...

China’s imports of Ukrainian grain are soaring during this marketing year China’s imports of Ukrainian grain are soaring during this marketing year, the Ukrainian Grain Association reports, citing figures released Thursday at an Agro meeting at Ukraine’s Embassy in Beijing....

After the United States, Ukraine was the world’s second largest grain exporter in the marketing year that ended June 30 After the United States, Ukraine was the world’s second largest grain exporter in the marketing year that ended June 30, Taras Kachka, Deputy Minister of Agriculture and Economy, told the Internationa...

DHL and Ukrzaliznytsia plans to develop China-bound trade from UZ’s left bank rail wagon marshalling yard at Liski DHL and Ukrzaliznytsia plans to develop China-bound trade from UZ’s left bank rail wagon marshalling yard at Liski, Logistics Manager, an Asia-oriented logistics news site, reports in a story headline...