In Ukraine, subsidies are being prepared for farmers who grow cotton

Published 2024년 8월 29일

Tridge summary

The 2025 budget will include subsidies for farmers who grow cotton, as the Ministry of Strategic Industries requires 10,000 tons of cotton raw materials. This could modernize and reinforce farms, with initial subsidy estimates at UAH 10,000/ha and potential profitability of UAH 20,000/ha. The plan, spearheaded by People's Deputy of Ukraine Stepan Chernyavskyi, also involves sowing five experimental cotton varieties and simplifying the seed registration process.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the draft budget for 2025, it is planned to allocate funding for subsidies to farmers who grow cotton, because currently the Ministry of Strategic Industries needs 10,000 tons of cotton raw materials. This is reported by Kurkul.com. It should be noted that on May 14, 2024, President Volodymyr Zelenskyi signed the Law of Ukraine "On Amendments to Certain Laws of Ukraine Regarding the Distribution of Cotton Varieties in Ukraine", adopted by the Verkhovna Rada of Ukraine on April 23, 2024. In May, specialists of the Ukrainian Institute of Plant Varieties Examination (UIESR) sowed fields with five experimental varieties of cotton. Along with the fact that farmers will help support the defense capability of the country, they will also have the opportunity to modernize and reboot the structure of their farms. We will contact the ministry to develop a program to support such farmers. According to preliminary estimates, subsidies for farmers should amount to UAH 10,000/ha, with a ...
Source: Agropolit

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