The French want to limit the access of Ukrainian seeds to the EU market

Published 2024년 11월 7일

Tridge summary

The article highlights the surge in Ukrainian seed exports, notably corn, which soared to $121 million last year from $22 million in 2021. Ukraine's presence in the EU corn seed market is projected to grow to 10% from zero in 2021, bolstered by exports that sustained seed producers through 2022-23. Despite increased production costs, seed cultivation remains more lucrative than standard crops, with corn seed fetching $3,900 per ton. However, the European Association of Maize Producers is pushing for a ban on corn seed imports, potentially unsettling the EU market. France, the EU's top seed exporter, has experienced a notable decline in its trade surplus with Ukraine. While Ukraine strives to fulfill its domestic seed needs, it still depends on imports for oil crops. The ongoing conflict in Ukraine has diminished local seed demand and corn planting, affecting exports to Russia.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Reuters writes about it. According to the Seed Association of Ukraine, the total export of Ukrainian seeds, mainly corn, reached $121 million last year against only $22 million in 2021. According to the estimates of the French group of corn producers AGPM, from 2021 Ukraine's share in the market of corn seeds in the EU will increase from zero to approximately 10%. As the head of the association Suzana Grigorenko noted, it was exports to the EU that allowed seed producers to survive in 2022-23. According to the calculations of the Ministry of Agriculture of Ukraine, growing seeds is more demanding than standard crops, but more profitable. Yes, a ton of corn seed can be sold for $3,900 compared to $200 for one ton of corn, which more than compensates for the higher production costs, which are estimated at $1,800 per hectare of seed versus $900 per grain. CEPM, the European Association of Maize Producers, is pushing for a ban on corn seed imports, which Economic Adviser Arthur Boy ...

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