Ukraine: Processors are ready to buy amaranth seeds, which are rapidly increasing in price

Published 2024년 1월 30일

Tridge summary

Ukrainian amaranth processors are set to increase their purchase prices for marketable seeds to UAH 30,000/t, including VAT, in the 2024 season, according to Oleksandr Duda, head of the NGO 'Amaranth and Amaranth Products Producers' Association'. Organic amaranth could fetch UAH 50,000/t, including VAT. This comes as the acreage for amaranth in Ukraine is expected to increase to 10,000 hectares in 2024 due to high demand for commercial amaranth seeds in the European market. Agreements for the purchase of the 2024 crop have already been signed with farmers.

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Original content

Amaranth processors in the 2024 season will raise the purchase prices for marketable seeds to UAH 30,000/t including VAT, Oleksandr Duda, head of the NGO "Amaranth and Amaranth Products Producers' Association" noted. The expert added that organic amaranth can be sold at a price of UAH 50,000/t including VAT. During 2020-2023, farmers stably sold amaranth seeds at UAH 25,000/t, which made it possible to maintain sales prices for domestic processing enterprises and provide them with raw materials in full. The average yield of amaranth seeds of the Kharkivskyi-1, Lyera varieties in the natural agrobackground is 12 c/ha, with foliar feeding and application of 30-50 kg d.r. N, P — up to 26 c/ha. The benchmark for harvest crops of amaranth of the Ultra variety on the natural agro background is 8 c/ha. Currently, we have a constant demand for Ukrainian commercial amaranth seeds. Ukraine has become a respectable and desirable player on the European market. Requests for raw materials ...

Source: Landlord