News

After a surge in consumer demand in retail caused by introduction of the COVID-19 emergency situation, the dairy market of Ukraine is expectably stabilizing and demand is reducing.  In retail trade, the demand is falling only now, but in HoReCa it collapsed two weeks ago. Exporters also can not boast of success, even despite the devaluation of hryvnia.  At the same t...

The Verkhovna Rada of Ukraine (Parliament) adopted the Draft Law No. 2178−10 «On Amendments to Certain Legislative Acts of Ukraine Regarding the Turnover of Agricultural Land» in the second reading. The relevant decision was supported by 259 MPs. Law comes into force on July 1, 2021. «We have walked a great, pleasant and valuable path together. We know that the l...

«It's kind of surreal. It's weird watching these markets implode on such limited data,» says Tom Bailey a senior dairy economist with RaboAgriFinance. «We are shifting our projections to what can effectively be described as a recession.»  Farmers and analysts alike expected milk prices to suffer at the hands of COVID-19. However, what started as a price impact estimate of 6% has quickly become a much...

The package of bills adopted by the Verkhovna Rada of Ukraine (Parliament) to prevent coronavirus (Covid-19) spread will eliminate taxes for business. This was announced by the Chairman of the Parliamentary Committee on Economic Development, member of the Sluga Narodu faction Dmytro Natalukha. The bill provides for business no...

The decree «On Amendments to the Traffic Rules» that abolishes the need to obtain a permit for the movement of large agricultural machinery by roads and is developed by the experts of the Ukrainian Agri Council together with the Ministry of Development of Economy, Trade and Agriculture of Ukraine, came into force. The corresponding document was published in the official edition of «Uryadovyy kuryer» of the central executive bodies of Ukraine dated March 7, 2020. So, now agrari...

According to the State Statistics Service, in January agricultural enterprises increased milk production by 0.4%. Agricultural enterprises also showed an increase in sales of raw milk for processing by 4.2% compared with January 2019. The share of extra-class milk in total volume of&...

Ukrainian cheese makers are now in a difficult situation.  On the one hand, growing imports of cheap European cheeses are putting pressure on the market; on the other hand, fresh dairy producers keep the purchase prices of milk high preventing cheesemakers from lowering them.   As a result, the profitability of many manufacturers is scanty, and the activities of some cheese factories are completely unprofitable. Even now, when the hryvnia exchange rate has fallen, the cos...

Оn January 2,  an open meeting with agrarian associations was held under the chairmanship of Taras Vysotsky, Deputy Minister of Economic Development, Trade and Agriculture of Ukraine . The participants had the opportunity to express their proposals on directions of the state support for 2020. «Today, we already have some key areas identified, including support for small and medium-sized producers in the context of agricultural land circulation. Our goal is to ...

The cheese plate, or the French «plateau de fromage», is gaining popularity in Ukraine, gradually turning into a necessary element of an exquisite festive meal. A classic cheese plate for a New Year dinner this year will cost an average of UAH300, said OlgaKozak, PhD, lead researcher at the National Scientific Center «Institute...

In January-November 2019, Ukraine exported USD 20.2 bln worth of agri-food products. This indicator has already exceeded the volume for the entire 2018 when the record value of agricultural exports was USD 18.8 bln, the National Scientific Center Institute of Agrarian Econom...