The government expects a harvest of 65-67 Mt, which is 32% less than the average harvest over the past 3 years (96 Mt). In particular, corn 26.4 million tons (20% lower than market expectations before the start of the war), soybeans - 2.3 million tons (-30%), wheat - 16-18 million tons (-45-50%), sunflower — 9.2 million tons (-47%). The reason for such pessimistic forecasts is not only the inability of farmers to use large areas of agricultural land for crops (due to shelling, occupation or mining).
Original content
The government expects a harvest of 65-67 million tons, which is 32% less than the average harvest over the past 3 years (96 million tons). In particular, corn 26.4 million tons (20% lower than market expectations before the start of the war), soybeans - 2.3 million tons (-30%), wheat - 16-18 million tons (-45-50%), sunflower — 9.2 million tons (-47%). The reason for such pessimistic forecasts is not only the inability of farmers to use large areas of agricultural land for crops (due to shelling, occupation or mining). But also due to the lack of working capital. Firstly, against the backdrop of a strong boom in the export of grain by land, farmers faced the problem of high transportation tariffs (due to a shortage of trucks and wagons of Ukrzaliznytsia), as well as low prices for Ukrainian wheat (importers included in the price the risks of cargo delivery). In the period April-July, farmers sold grain below cost. Secondly, about 90% of Ukraine's port trade turnover in 2021 ...
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