Sown areas under rapeseed, soybeans and sunflowers in Ukraine will increase in 2023

Published 2023년 1월 3일

Tridge summary

Ukraine is set to see a shift in its agricultural sowing patterns, with an increase in the area dedicated to oil crops such as rapeseed, soybean, and sunflower due to their higher profitability and lower logistics costs. This change is expected to benefit farmers by improving earnings per hectare. In contrast, the sowing area for wheat is set to decrease, despite being twice the amount required for domestic needs. There will also be a slight rise in the cultivation of crops for the domestic market. However, the current lack of liquidity and financing available to farmers is posing a challenge to the preparation for field work.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A certain change is expected in Ukraine regarding the sowing of agricultural crops. The area under oil crops will increase, and the area under wheat will decrease. This was reported by the press service of the Ministry of Agrarian Policy on January 2. As Taras Vysotskyi, First Deputy Minister of Agrarian Policy and Food of Ukraine, noted, the area sown for oilseeds: rapeseed, soybean, sunflower will increase. This is due to the fact that the cost of one ton of oilseeds is higher, and the cost of logistics per ton is lower. That is, farmers will be able to earn more from 1 hectare. This is a positive factor for farmers, macroeconomics and not critical for crop rotation. Wheat production is expected to decrease, but it will be twice as much as is needed for domestic needs. There will also be a slight increase in the number of crops aimed at the domestic market, as was the case with buckwheat this year. "Agrarians will sow the maximum area of crops wherever the security situation ...

Source: Agravery