Ukraine is launching a national website to help farmers determine market values of land leases

Ukraine is launching a national website to help farmers determine market values of land leases. Maintained by the Agrarian Policy and Food Ministry, the portal draws on a nationwide database of soil quality and known auction prices. Last year, 1,837 lease rights to a total area of 42,500 hectares of farmland were publicly auctions, UNIAN reports. With farmers becoming more aware of market prices, the average rental rate in the first half of this year was 19% higher than in the first half of last year.