Will buckwheat be available for 70 hryvnias: an expert explained how much the popular cereal could cost

Published 2025년 2월 4일

Tridge summary

The article highlights the unstable pricing and production of buckwheat in Ukraine, leading to a cycle of oversupply and shortage. The price fluctuation is attributed to the lack of a stable policy, the impact of imports, and the actions of domestic farmers. Additionally, the article mentions the effects of a drought in 2024 on the buckwheat harvest and predicts potential increases in the cost of chicken due to rising feed costs.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Buckwheat prices are constantly fluctuating. Ukraine does not have a stable and balanced policy regarding the production of this cereal, although it is a rather strategic product for our country. "We see this situation - farmers will grow a lot of buckwheat, the price will be very low, they sell the products at a loss, and the next season they reduce the sown areas. After that, they harvest a smaller buckwheat crop, a shortage appears on the market, and the cost of the cereal increases. The next year, a lot of buckwheat is sown again, and the situation repeats. This occurs because there is no balanced approach to sowing, prices are not formed by agreement with small farmers who grow the products," explained the deputy head of the All-Ukrainian Agrarian Council, Denys Marchuk, in a comment to UNIAN. In addition, he noted that the cost of buckwheat in Ukraine is affected by imports. "Buckwheat grown in Russia is taken to Kazakhstan, where it is packaged, then transported to the ...
Source: Unian

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