Business news from Ukraine

Business news from Ukraine

Ministry of Agrarian Policy forecasts grain exports at 40 mln tons in 2024-2025

14 October , 2024  

The Ministry of Agrarian Policy and Food estimates grain exports in the 2024-2025 season at 40 million tons, as the volume is not a record, and the existing infrastructure will be sufficient to supply agricultural products to foreign markets, said First Deputy Minister of Agrarian Policy and Food Taras Vysotsky during a national telethon.
“This year’s harvest is somewhat smaller than the previous year due to difficult climatic conditions. Also, this year there are no carry-over balances from the previous period. Therefore, grain exports are estimated at around 40 million tons. This is not a significant and record volume. We are confident that the existing infrastructure, in particular the Danube region, land corridors, rail and road transport, and the sea corridor (…) will allow this average volume to be exported and delivered in time to the countries that need it,” he said.
Commenting on Polish farmers’ preparations to block the Ukrainian-Polish border near the Medyka checkpoint, Vysotsky confirmed that such statements were made by the Polish side.
“I want to emphasize that work is underway at the interstate level and at the level of associations to prevent these statements from being realized in any concrete actions. We show figures confirming that there is no influence of Ukrainian products on the Polish market. The vast majority of products crossing the land border are in transit and do not remain on the Polish market.
The First Deputy Minister of Agrarian Policy emphasized that Ukraine sees no reason to block the border and will do everything possible to prevent protests by Polish farmers.

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