It’s not a stretch to say that Ukraine’s 40 million hectares of farmland is one of the world’s biggest opportunities in agriculture. Spreading from the grassy steppe of the nation’s east to the Carpathian forests in the west, Europe’s ancient breadbasket could feed one billion people—if used well.
Prime Minister of Ukraine Volodymyr Groysman has ordered relevant ministries to develop a resolution on supporting Ukrainian fertilizer producers, in particular on ensuring the provision of Ukrainian agrarians with mineral fertilizers during the spring sowing campaign.
According to the Ag Ministry’s information, as of March 02, winter rapeseed had emerged on 98.6% of its planted area of 1009.8 Th ha.
Wheat reserves at processing and storing enterprises as of February 1, 2018 amounted to 7.24 million tons, which is 259.4 thousand tons more than the corresponding indicator in 2017 — 6.99 million tons.
According to the State Fiscal Service of Ukraine, the country exported 5 KMT of linseed cake in the first five months of the current 2017/18 season, up 70% from the three-year average.
A combination of greater competition, low prices, and new domestic storage capacity are starting to weigh on Ukraine’s wheat and corn exports in the 2017/18 marketing year, Agricensus analysis of Ukraine government data has shown.