The Ministry of Economy explained how they will support Ukrainian farmers in the future

Ukraine

Published Jul 12, 2023

Tridge summary

Despite the challenges posed by war, Ukraine continues to be the world leader in the grain and oil crops market, with exports reaching nearly 68 million tons in the 2022-2023 period. The country's exports are diverse, with a wide range of crops being sold to markets in Asia, Europe, and Africa. Ukrainian farmers are receiving support measures, including efforts to improve access to foreign markets, ensuring security by demining areas, and providing access to finance through programs such as war risk insurance and available loans.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Despite the war and challenges, Ukraine remains the world leader in the grain and oil crops market. From July 1, 2022 to June 30, 2023, the export of grain, oil crops, vegetable oils and meal amounted to almost 68 million tons. This is 10% more than a year earlier. What to expect next and what support measures are in place for Ukrainian farmers, Yuliya Svyridenko, Minister of Economy of Ukraine, told Forbes Ukraine. The geography of export of Ukrainian grain and oil crops is very wide. We are interested in the markets of Asia, Europe and Africa. The latter buy mainly wheat. At the same time, sunflower oil became the export leader among Ukrainian crops in 2022-2023. It was bought by 131 countries of the world. At the same time, we exported wheat to 65 countries, corn to 58 countries. Soy, rapeseed, sunflower, other oilseeds, soybean and sunflower meal, buckwheat - each of these crops was sold in more than 40 countries of the world. The top 5 countries to which Ukrainian wheat is ...

Source: Landlord