Ukraine: Crop losses from the explosion of the Kakhovskaya HPP may reach 14%

Published 2023년 6월 16일

Tridge summary

The National Bank of Ukraine (NBU) has identified a potential crop loss of 10-14% due to the actions of Russian occupiers affecting the Kakhovskaya HPP. The most significant loss is expected in eggplants, with 20% of the harvest at risk. However, the actual loss is estimated to be 5%. The affected areas include those with high yield crops such as cucumbers, watermelons, tomatoes, and pepppers, while carrot yields are slightly lower. The NBU believes that these losses can be compensated through increased production in other regions and imports.

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Original content

The pessimistic scenario regarding crop loss due to Russian occupiers undermining the Kakhovskaya HPP reaches 10-14%. This was announced by Deputy Chairman of the NBU Serhii Nikolaychuk, writes Interfax-Ukraine. According to him, the National Bank considers the described scenario exclusively as a risk. Real losses there are estimated at 5%. According to the forecast, the eggplant crop may suffer the most. As for them, 20% of the harvest is at risk. Serhii Nikolaychuk reported that the affected areas showed high harvest rates for cucumbers, watermelons, tomatoes, and peppers. Indicators of carrots are slightly lower when compared to other crops. The National Bank of Ukraine believes that there is a potential to compensate for these losses thanks to the increase in production in other regions, as well as through imports. In general, according to our estimates, about 10-14% of the total vegetable harvest is at risk due to flooding and drying of ...

Source: Agropolit