Agrarian 2021: Ukrainian potato and starch saga boom

Published 2022년 1월 4일

Tridge summary

Ukraine is grappling with a potato surplus, leading to low prices and overcrowded storages. Despite the challenge of not being able to export to the Customs Union, the industry has positive developments, including compensation for storage modernization and increased production capacity. In 2021, two new potato processors began operations, and there is demand for more starch, a by-product of potato processing. The country consumes only 10,000 tons of starch annually, while producing 22,000 tons, with sausage factories being the primary buyers. The Ukrainian Association of Potato Producers is advocating for expanded state aid and the creation of a joint organization to represent processors' interests.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Potato growers unanimously talked about its overproduction. But due to the lack of a systematic approach to solving the problems of the industry and sanctions, it is impossible to export it to the countries of the Customs Union, it is difficult to the Republic of Moldova, the rest of the countries have no way out. But before we talk about the export potential, let's remember what the prices for potatoes were during the year. At the beginning of the year, the largest farmer's market in the South of Ukraine - Nezhdanna in the village of Velyki Kopani in the Kherson region sold food potatoes from UAH 8.5 to UAH 9.5 / kg, depending on the quality. At the "Capital Market" in Kiev, the price of potatoes varies from 8 to 9.5 UAH / kg. In the capital's supermarket chains, potatoes were sold at the following prices: Metro - UAH 11.5 / kg, Auchan - UAH 10.9 / kg, Novus - UAH 11.5 / kg. At the end of October, its price was already UAH 7 / kg, we are talking about wholesale sales. Sales ...
Source: Agravery

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