US corn has lacked competitiveness so far in 2022-23, but has found steady demand in Mexico. The origin could struggle in 2023-24 in the face of reduced Chinese demand, particularly if weather conditions do not improve in the US corn belt.
The Cabinet of Ministers of Ukraine has adopted Resolution No. 637 “On amendments to the Procedure for Certification, Issuance and Cancellation of Certificates for Seeds and/or Planting Material”. The document was prepared by the Ministry of Agrarian Policy and Food of Ukraine.
Last week, deminers surveyed more than 5,000 hectares of agricultural land in four regions of the country and cleared more than 3,000 hectares, according to regional military administrations. In total, more than 150,000 hectares of farmland have been surveyed since the beginning of the year, out of the 470,000 hectares planned for priority clearance.
The Commission proposes to mobilise additional EU funding for EU farmers impacted by adverse climatic events, high input costs, and diverse market and trade related issues. The new support package will consist of €330 million for 22 Member States. In addition, Member States today approved the €100 million support package for farmers in Bulgaria, Hungary, Poland, Romania and Slovakia presented on 3 May. Several other measures, including a possibility of higher advance payments should support farmers affected by adverse climatic events.
Taras Vysotskyi, First Deputy Minister of Agrarian Policy and Food of Ukraine, presented the Agricultural Development Strategy for the next ten years at the International Ukraine Recovery Conference in London.
Ukraine aims to clear and bring 80% of potentially contaminated land back into productive use within ten years. This was stated by Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, in her speech at the session on humanitarian demining held on 22 June as part of the Recovery Conference in London.
The Ukrainian Danube Shipping Company and the International Finance Corporation signed an agreement at the Ukraine Recovery Conference 2023 in London in the presence of Oleksandr Kubrakov, Deputy Prime Minister for Restoration of Ukraine and Minister for Communities, Territories and Infrastructure Development.
As a result of the Recovery Conference in London, Ukraine has succeeded in attracting additional financial resources for reconstruction, building a business coalition for investment, and strengthening coordination with international partners. This was stated by Prime Minister Denys Shmyhal at the closing press conference.
The Ministry of Economy of Ukraine published today additional details on the establishment of the recently announced Ukraine Development Fund (UDF) and the investment opportunities expected to be brought about by this new institution.
Astarta is to receive a USD30m financing package from the European Bank for Reconstruction and Development (the EBRD) to help the Company become more resilient under adverse conditions caused by the russia’s war against Ukraine.