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The government expects the profit from agricultural exports to amount to $20B this year.

Румунія опинилась на порозі внутрішньої кризи через українське зерно.

Harvesting of wheat fields with combine

According to Deputy Minister of Agrarian Policy Taras Vysotskyi, it is likely that Ukraine will be able to harvest approximately 47-50 million tons of grain this year, which is more than was forecast in the spring. Domestic consumption is 16-17 million tons, leaving approximately 30 million tons that can be exported.

According to Vysotskyi, the average income from the export of Ukrainian agricultural products has been in the range of $1.5-$1.7B per month for the past few months. If this export level continues, Ukraine will receive $20B from exports this year.

The situation may change due to fluctuations in international markets, but the official clarified this is a rough guideline. In the domestic market, prices will not change substantially in the coming months because production exceeds consumption by several times.

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