According to results of the year 2018, food production in Ukraine declined by 1.9%, while producer and consumer prices increased respectively by 9.6% and 11.5%. The analysts of UAC admit this based on the data from the State Statistics Service.
Ukraine has dropped one position in the top 20 agricultural exporters to the European Union based on monetary value, and is now in fifth position, according to the latest Monitoring EU Agri-Food Trade report of the European Commission, published in early January.
ASTARTA harvested record high level of grains and oilseeds in 2018 – 1.065 mln tons (+35% y-o-y). Total harvest of corn was over 620 thousand tons with the average yield of crop of 9.8 tons per ha.
According to results of 11 months of 2018, domestic agricultural and food exports grew by $621.4 million compared with the corresponding period in 2017 and totaled $17.02 billion.
In the period from January to November 2018, Ukraine exported 97.95 thou. tons of eggs for the amount of USD 85.4 million, which is 22% more than in the relevant prior-year period.
A record-high grain yield for all the years of independence of Ukraine provided foreign currency revenue from agricultural exports and thus strengthened the national currency — hryvnia. This was informed by Oleg Churiy, Deputy Governor of the National Bank of Ukraine (NBU), EPravda reports.
Re-equipment of the crane facilities is also an important and integral part of the effective shipbuilding program and the large-scale reconstruction of NIBULON shipbuilding and repair yard. And NIBULON successfully copes with that.
In October 2018, soybean oil production by large and medium-sized crushers in Ukraine totaled 20.2 KMT. This is 30.3% more than in the previous month (15.5 KMT), up 27% from the same month last year (15.9 KMT) and the highest-ever volume for October.
The Ukrainian Agrarian Confederation (UAC) always tries to be in current trends that appear in agribusiness.
The volume of trade between Ukraine and Turkey is increasing annually by 20%, and it can reach $4 billion in 2018.
President of Ukraine Petro Poroshenko stated this while speaking at Istanbul University, an Ukrinform correspondent reported.