The recovery of agricultural production in Ukraine may take 20 years

Published 2023년 6월 18일

Tridge summary

A study by a Kiev-based research center predicts that Ukraine's agricultural sector may take up to 20 years to recover from the effects of a full-scale Russian invasion, due to significant drops in production of key crops. The country's grain and oilseeds harvest is projected to decrease from 106 million tonnes in 2021 to around 65 million tonnes in 2023. The sunflower, barley, and wheat sectors are expected to recover by 2040, while the corn, rye, oat, and rapeseed sectors are expected to recover by 2050. The extension of the Black Sea grain deal, which allows Ukraine to resume grain exports, is currently under discussion.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to a Kiev-based research center, Ukraine's agricultural sector could take some 20 years to recover from the devastation of a full-scale Russian invasion. Ukraine is the world's largest producer and exporter of wheat, corn, sunflower and sunflower oil, but its production has fallen significantly since the outbreak of war in February 2022. "According to the modeling results, some sectors will not reach their pre-war levels even after seven years of peace," said a report by the Kyiv College of Economics. According to the announcement, the sunflower, barley and wheat sectors are expected to recover by 2040, while the corn, rye, oat and rapeseed sectors are expected to recover by 2050. "This means that it could take up to 20 years for Ukraine to regain its strength in agriculture after the devastation caused by the Russian military attack," it said. Ukraine harvested 106 million tonnes of grain and oilseeds in 2021 before the invasion, but output could drop to around 65 ...
Source: AgroForum

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