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In Ukraine, oilseed crops are becoming a priority for agrarians

Ukraine
Published Jan 11, 2023

Tridge summary

Sown areas in Ukraine will be reoriented to oilseed crops. Taras Vysotskyi, the First Deputy Minister of Agrarian Policy and Food of Ukraine, stated this on TV, according to a statement from the Ministry of Agrarian Policy. “Oilseed crops are becoming a priority for agrarians. This is already noticeable on the example of winter rapeseed, the area of which was sown compared to the previous year did not decrease. We also expect an increase in sunflower and soybean acreage. Although oil crops have a lower yield, give a lower gross harvest in weight, but their cost is much higher compared to grain – by 2-2.5 times. Therefore, if we are talking about the physical harvest, we predict that the decrease will be at the level of 10-15%. This is our assessment at the moment,” said Taras Vysotskyi.

Original content

Sown areas in Ukraine will be reoriented to oilseed crops. Taras Vysotskyi, the First Deputy Minister of Agrarian Policy and Food of Ukraine, stated this on TV, according to a statement from the Ministry of Agrarian Policy. “Oilseed crops are becoming a priority for agrarians. This is already noticeable on the example of winter rapeseed, the area of which was sown compared to the previous year did not decrease. We also expect an increase in sunflower and soybean acreage. Although oil crops have a lower yield, give a lower gross harvest in weight, but their cost is much higher compared to grain – by 2-2.5 times. Therefore, if we are talking about the physical harvest, we predict that the decrease will be at the level of 10-15%. This is our assessment at the moment,” said Taras Vysotskyi. He believes that the surplus of oilseed crops does not threaten the country, since Ukraine is export-oriented in both oilseed and grain crops. “The international market is ready to consume larger ...
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