Through 2025, the price of farm land should double, thanks to the new land market that starts July 1,

Prime Minister Shmygal, told the Ukraine 30 land forum yesterday. In addition, local governments should see rents more than double on their farm land, from 7% of estimated value to 18%, he predicted. A pilot project to lease state-owned farm land through electronic auctions is resulting in higher rents, he said.