Blockade of sea ports in Ukraine threatens to reduce future wheat and barley crops by 60%

As a result of the naval blockade, Ukrainian farmers may sow 30% to 60% less wheat, barley and winter crops this year due to the lack of funds from the export of products. The Minister of Agricultural Policy Mykola Solsky said this in an interview with the Financial Times. Farmers may find themselves in a state of financial crisis if the Russian blockade of the Black Sea is not lifted. Many of them would lack the money to pay for seeds, fertilizers, herbicides and fuel to plant winter wheat. Yes, they would grow canola, which is not used in grain or bread production, but has a higher price and lower yield, and is therefore easier to transport. Read also: Ukraine does not rule out Russia's plans to use the humanitarian corridor to attack the south A prolonged blockade will deprive farmers of cash flows and "break the financial cycle" of agriculture, which will lead to a further significant drop in exports. According to him, farmers will reduce the sowing of winter crops, wheat and ...