News

15 million tons of grain in Ukraine is disabled in the 2021/2022 season

Wheat
Ukraine
Published Mar 23, 2022

Tridge summary

Russian troops are seizing farmland in Ukraine, undermining production. The country's grain exports are expected to be 15 million tons behind the previous estimates in the 2021/22 season. This means that the upward pressure on the prices of products such as wheat and corn will continue. It is calculated that the exports of Ukraine, one of the world's most important suppliers of wheat, corn and sunflower oil, will take a significant hit this year, and approximately 15 million tons of wheat and grain will exit the market.

Original content

According to the information obtained from the producers in Ukraine, Russian troops in Ukraine are seizing agricultural lands. It is stated that agricultural machinery, fertilizer, seed and fuel stocks were confiscated and some of them were destroyed. The yield of the country's winter wheat, barley and canola crops in the 2021/22 period is decreasing. Production is expected to decline further in the 2022/23 marketing year, which started in July. Harvesting has become more difficult Harveat, which owns the largest agricultural lands in Ukraine, lost control of 98 thousand hectares in the Donetsk region in the east of the country. The company also has limited access to the remaining 22,000 hectares in Kiev, 70 percent of which is in the war zone. According to Harveat Sales Manager Tatiana Alaverdova, the company had lost contact with its staff in the Donetsk region some time ago. This means that some of the assets, especially machines, could be destroyed or captured by Russian ...
Source: Gidatarim
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