The price of buckwheat may increase by 30% - the president of the Ukrainian Agrarian Confederation

In 2024, purchase prices for buckwheat in Ukraine almost doubled. This is due to the fact that Ukrainian farmers planted less of the mentioned crop this year. In the long run, this may lead to an increase in product prices. The President of the Ukrainian Agrarian Confederation, Leonid Kozachenko, said this on the air of the Public Radio. According to the speaker, last year the cost of logistics was four times higher than the pre-war indicators. That is why the prices of products fell and farmers suffered great losses. So those who grow buckwheat sowed less of it this year. Accordingly, the supply is less, and the price of the crop increases. Moreover, the current growth is not the end. After all, there may be other tests ahead. "We know that prices depend on taxes, on the cost of what is used for storage. This is electricity, mainly because they use special storage facilities. These are other costs that are increasing now. Of course, we expect an increase in buckwheat prices. But ...