At its meeting on 7 May, the Government adopted a critical decision to improve the business climate in Ukraine. This was announced by Prime Minister Denys Shmyhal.
Thus, Cabinet of Ministers Resolution No. 153, which limited payments for imports of goods and services, was cancelled.
The FAO Food Price Index (FFPI) stood at 119.1 points in April 2024, up 0.3 points (0.3 percent) from its revised March level, as an increase in the price index for meat and smaller upturns of vegetable oil and cereal indices slightly more than offset decreases in those for sugar and dairy products.
This is stated in the S&P Global (Commodity Insights) material.
It is noted that the export of grain from Ukraine will fall in MY 2024/25, amid a decrease in supply and a smaller output estimate.
Ukraine's grain harvest this year will fall by 10% this year, the government estimates, which will be felt around the world, although the restoration of export capacity from Russia-threatened Black Sea ports allows the country to remain a major global supplier.
2.053 million hectares of grain and leguminous crops have already been sown on the territory controlled by Ukraine, of which, in particular:
For more than two years, Ukrainians, including 512 Astarta employees drafted into the Army, have been fighting for independence of their country at the cost of their lives and defending Europe from the worst aggression since the Second World War. At the same time, Astarta’s team, guided by its values, makes the maximum contribution to nearing Ukraine’s victory.
ccording to preliminary estimates of the Ministry of Agrarian Policy and Food, in 2024, the gross production of grains and oilseeds will be about 74 million tonnes. Of these, about 52.4 million tonnes of grains and 21.7 million tonnes of oilseeds.
Yesterday, April 15, the European Commission has adopted a proposal for a Council Implementing Decision that assesses positively the Ukraine Plan, Ukraine's comprehensive reform and investment strategy for the next four years. This important step paves the way for regular and predictable support to Ukraine under the EU's up to €50 billion Ukraine Facility. Financing under the Facility will help Ukraine to keep its administration running, pay salaries and pensions, provide basic public services, and support recovery and reconstruction while it continues to defend itself against Russia's aggression.
"33.8 million tonnes of cargo were exported through the Ukrainian Corridor in 7 months. This is more than was exported during the whole year of the Grain Initiative.
On Wednesday, Parliament and Council reached a provisional agreement on extending trade liberalisation measures for Ukraine in the face of Russia’s war of aggression.