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Ukraine provides grain to more than 400 million people worldwide. Andrii Dykun, the head of the UAC, spoke in a column on the pages of Economic Truth about the consequences for the world of the crop failure. Ukraine is in its third week of war in a devastating wave. However, this wave can hit far beyond. And these are not empty words. Ukrainian land, our chernozems, feed not only us, but also entire na...

Dutchman Kees Huizinga, a large dairy farmer in Ukraine, has become a fighter for the end of the war in Ukraine. For the past 20 years the co-owner and head of the successful innovative dairy farm Kischenzi LLC has run a large 15,000 hectare farm in the centre of Ukraine. The farm, a mem...

The Russian invasion of Ukraine threatens millions of tiny spring-time sprouts that should emerge from stalks of dormant winter wheat in the coming weeks. If the farmers can't feed those crops soon, far fewer of the so-called tillers will spout, jeopardizing a national wheat harvest on which millions in the developing world depend. The wheat was planted last autumn, which, after a brief growing period, fell dormant for the winter. Before the grain returns to life, however, farmers typically spread fertilizer that encou...

The Committee on Economic Development is calling on its European colleagues to ban international cargo shipments to Russia altogether. In response to the war that Russia has waged against Ukraine most countries of the world, even such traditionally neutral countries as Switzerland, South Korea and Singapore, have...

Global demand for dairy products is rising fast, meaning milk production must grow fast as well. However, the dairy industry has a large carbon footprint so investing in productivity and resource efficiency is fundamental to mitigate the greenhouse gas emissions from increased milk production. Vasyl Hovhera, Lead Expert, Agribusiness Department, European Bank for Reconstruction and Development (EBRD), talks about this in more detail. As the world’s population increases, s...

A few days before the end of last year, dairies were alarmed by reports of falling prices for the raw milk, initiated by a number of operators, mainly from the Dairy Alliance group, apparently mediated by the Ukrainian Dairy Union. The main argument was related to the rapid jump in energy tariffs and, as a result, low or negative pro...

Increased acreage and higher yields for corn and soybeans led to record high soybean production and near-record high corn production. U.S. corn growers produced 15.1 billion bushels in 2021, up 7% from 2020 and the second highest production on record. Corn yield in the United States is estimated at a record high 177.0 bushels per ac...

In Europe and Belarus butter prices have fallen, but Ukrainian butter is invariably more expensive. And its prices will be rising until it becomes profitable to import it from abroad. The main reason for the projected price growth is its off-season active exports due to more favorable prices compared to domestic ones. Last month, almost 1,600 tons of butter were exported from th...

The latest monitoring this year showed the expected stability of raw milk prices. This was announced by analyst of the Association of Milk Producers Volodymyr Andriyets. Average prices of raw milk: Extra Grade — 10.95 UAH/kg without VAT, Hi...

Verkhovna Rada of Ukraine has officially announced on the registration of the Inter-Factional Deputy Group «For the development of the dairy Industry of Ukraine». The Group is headed by MPs Andriy Bogdanets and Serhiy Bunin. The Group unites more than twenty deputies. According to the deputies, dairy sector is a strategic component of Ukraine’s economy and it needs proper support from the state. The Inter-Factional Group’s ob...