Page 62 - UKRRptOct22

recorded, has resulted in price adjustments upward.
Ukraine's grain exports rose 53% in August compared with July. Ukraine's grain exports amounted to 2.6mn tonnes in August, the Ukrainian Agribusiness Club said. Ukraine's total exports of agricultural products, including grain, increased 12% month-on-month to 4.6mn tons in August, the club said. On July 22, Ukraine, the UN, Turkey, and Russia concluded a deal to unblock Ukraine's seaports, which had previously been blocked by Russia. Ukraine needs to export about 6mn tons of agricultural products every month in order to cope with the remaining products from 2021.
Ukraine to provide Ethiopia, Somalia with 50,000 metric tons of free wheat. Ukraine’s Cabinet Ministry said that it will reimburse Ethiopia and Somalia for Hr 420mn ($11.4mn) worth of wheat. On Sept. 17, a ship carrying 30,000 metric tons of grain departed for Ethiopia from Odesa Oblast via the UN-backed grain corridor
Ukrainian farmers might switch from grain to oil fields. The Ministry of Agrarian Policy of Ukraine predicts that this fall, Ukrainian agricultural producers will reduce the area for grain crops by approximately 25-35%. According to Deputy Minister Taras Vysotskyi, “We should not expect a reduction in rye planting in the area because its cultivation is oriented towards the domestic Ukrainian market. However, the situation is different with winter wheat and barley. Because of the blockade of the ports, there are still stocks of this year's harvest.” In addition, Vysotskyi added, due to the complex logistics of grains, Ukrainian agribusiness is reorienting itself and is increasingly betting on oil crops. He noted that Ukrainian farmers are already choosing oil crops as an alternative to grain crops and increasingly planting rapeseed, sunflower, and soybeans.
Ukrainian farmers have been struggling after losing a significant part of their winter crops, leading the EU to announce support programs totalling €50mn for small agricultural producers, Ukraine Business News reported. The support is open to farmers who cultivate up to 120 hectares of land or keep between 3 to 11 cows. The programs offer €84 per hectare of cultivated land, but no more than €10,000, and €145 per cow, up to €15,000.
Ukraine’s agricultural sector is one of the hardest hit industries and will require a lot of money and time to redevelop post war. In June, it was reported that the damage to Ukraine’s agriculture sector amounts to $4.3bn. The cost alone of surveying lands at high risk of mine contamination and de-mining is estimated at $436mn.
62 UKRAINE Country Report October 2022 www.intellinews.com