Kernel, one of Ukraine’s largest agricultural holdings, exported 1.6 million tons of grain in the third quarter of fiscal year 2025 (FY, third quarter – January-March 2025), down 15% from a year earlier.
According to the quarterly report on the company’s website, the decline in exports was due to limited domestic supply caused by a poor harvest in 2024 and lower stocks.
“Nevertheless, Kernel maintained its strong market position, accounting for 12% of Ukraine’s total grain and oilseed exports in the first nine months, with total volumes reaching 4.4 million tons,” the report said.
According to the agricultural holding, the export terminal’s throughput capacity in the third quarter of fiscal year 2025 was 2.5 million tons, up 2% from the previous year, including 1.8 million tons of grain, 0.3 million tons of edible oil, and 0.4 million tons of vegetable meal.
Total throughput for the nine months of fiscal year 2025 increased by 65% compared to the previous year to 7.3 million tons, thanks to smooth export operations and a low base of comparison with fiscal year 2024, when exports were interrupted at the beginning of the season.
Grain receipts at elevators in the third quarter of fiscal year 2025 amounted to 91 thousand tons, reflecting typical seasonal dynamics. This brought the total receipts for the nine months of fiscal year 2025 to 2.7 million tons, down 2% from the previous year.
Of this volume, the agricultural holding’s own segment provided 1.5 million tons, with the remainder purchased from third parties.
The infrastructure and trade segment recorded EBITDA of $62 million for January-March 2025, representing a decrease of 46% year-on-year and 21% quarter-on-quarter. Of this total, the trading business provided $26 million, unchanged from the previous year, while Kernel’s grain and edible oil export value chain in Ukraine generated $36 million, down 59% year-on-year.
Before the war, Kernel was the world’s leading producer of sunflower oil (about 7% of global production) and its exporter (about 12%). It is one of the largest producers and sellers of bottled oil in Ukraine. In addition, it is engaged in the cultivation and sale of agricultural products.
In the first nine months of 2025, Kernel increased its net profit by 7% to $218 million, with revenue growing by 19% to $3.092 billion, and its EBITDA increased by 4% to $398 million.
Passenger flow through western border of Ukraine in September 2024, thousand
Canadian Minister of Finance and National Revenue François-Philippe Champagne announced that Canada will extend the Order exempting Ukrainian goods from duties until June 9, 2026, according to the Canadian government’s website
“Canada remains unwavering in its support for Ukraine as it fights to defend its sovereignty, territorial integrity, and democracy. The conflict, initiated by Russia with the support of Belarus, continues to seriously affect Ukraine’s economy, including its ability to export goods to global markets,” the Canadian Ministry of Finance said in a press release. The document recalls that last month in Banff, Alberta, G7 finance ministers and central bank governors unanimously reaffirmed their unwavering support for Ukraine.
“Canada continues to support Ukraine’s economy by extending duty-free access for Ukrainian goods to Canada for one year,” the statement said.
Since the issuance of the Order exempting goods from Ukraine from duties on June 9, 2022, Canada has imported more than $35 million worth of these goods, with $8.5 million in customs payments waived. It is expected that approximately $1.2 million in customs duties will be refunded between June 10, 2025, and June 9, 2026.
The order exempting Ukrainian goods from customs duties came into force on June 9, 2022, for an initial period of one year, after which it was extended annually. The order temporarily suspends customs duties on imports of Ukrainian goods.
The DIM.RIA marketplace for verified real estate analyzed
the situation on the primary, secondary, and rental housing markets in Ukraine in May
2025. The report presents the dynamics of prices, supply, and demand compared
to April 2025 and May last year.
Primary market
Supply
In May, the share of operating sales departments for new buildings
remained unchanged at 77%. During the month, four new buildings
(5 sections) were commissioned during the month: two in the Lviv region, one in the Kyiv region, and one in the Zakarpattia region.
The highest share of completed projects among all new buildings was recorded in the Rivne
(62%), Zaporizhzhia (56%), and Odesa (54%) regions.
Prices
Prices in the primary market in most regions are showing
growth. The highest price increases were recorded in the Chernihiv (+8%),
Zhytomyr (+8%), and Kyiv (+6%) regions. Only Kirovohrad showed
a decrease, averaging 5%. Kyiv remains the most expensive city, with an average
price of $1,409/m². The cheapest new buildings are in the frontline regions: Zaporizhzhia,
Sumy, and Mykolaiv.
Demand
The most noticeable growth in interest in new buildings
was observed in the Ternopil region (+22% compared to April). At the same time,
a significant decrease in demand was recorded in the Sumy (-25%) and Dnipropetrovsk
(-17%) regions.
Secondary market
Supply
The largest number of advertisements for the sale of secondary housing in
in May came from the Volyn, Rivne, and Mykolaiv regions.
Prices
According to the DIM.RIA marketplace, during May, the average
cost of one-room apartments continued to grow in most regions of Ukraine.
The largest increase was recorded in the Kherson region (+16%), although it remains
the cheapest for this type of housing.
The most expensive housing is in the capital: the cost of a one-room
apartment in Kyiv reaches $92,400. In terms of districts, Pechersky remains
the most expensive (almost $132,000), and Desniansky is the most affordable ($45,000).
Demand
In May, users were most actively searching for secondary
real estate in the Khmelnytskyi, Odesa, and Volyn regions.
The ratio of the number of purchase listings to the number of
responses to them in May in Kyiv was 1:3, with only the Odesa region having a lower ratio —
1:2. In the Vinnytsia region, it was 1:18, in the Ternopil region — 1:16, and
in the Mykolaiv region — 1:15.
Rental market
Supply
According to DIM.RIA analysts, the rental market was
unstable in May. The largest number of new listings appeared in the Chernivtsi (+35%) and
Zakarpattia (+29%) regions. In contrast, in Kirovohrad, the number of
offers decreased by 40%. In Kyiv, the decline was 22% compared to April.
Prices
Kyiv remains the most expensive city for rent:
the average cost in May was 18,200 UAH, which is 4% more than in
April. The most expensive apartments are in the Pecherskyi district — 26,300 UAH, and the cheapest are
in the Desnianskyi district (10,900 UAH).
In most regions, rental prices changed by
a few percent, with the exceptions of Zakarpattia and Ternopil regions (an increase of
11%), Cherkasy (-11%) and Chernihiv (-15%).
Demand
In May, users were actively looking for rental housing:
according to data from the DIM.RIA analytical center, interest was observed in almost
in all regions of Ukraine. The ratio of rental ads to
responses in May in Kyiv was 1:6, while in most
regions these figures differed several times over.
The full analytical
report and high-quality images are available at the link!
On June 10, at 6 p.m., the large exhibition hall of the Lavra Art Gallery in Kyiv will host the opening of the first group exhibition of contemporary surrealism and symbolism in Kyiv.
More than 20 young Ukrainian artists will take part in the project “A Look Through Reality.” This interdisciplinary art event will combine painting, sculpture, audiovisual art, live music performance, and breaking art performance. The project was created in collaboration between the Lavra Gallery and the Plemya.Art formation.
The art event invites visitors to delve into the world of human consciousness and its interaction with reality. The exhibition explores how each person perceives the world around them through their own “prism” of life experiences, emotions, memories, and dreams.
Moments of our lives — upbringing, travel, interaction with society, loss, art, literature, and even short conversations — shape the light we radiate outward and strive to show this inner glow through a combination of different art forms. The dialogue between the conscious and the subconscious through symbolism and surrealism allows us to explore the inner states, emotions, memories, and dreams that shape our perception of the world.
The artists participating in the project use surrealism and symbolism to reflect the boundaries of the interaction between the inner world of a person and external reality. The works include elements of social criticism, the study of symbols and archetypes, their meaning and role in shaping the perception and understanding of the world. Painting, sculpture, audiovisual art, and music come together to create an interactive and multi-layered artistic environment. The interaction between the inner world of a person and external reality will be revealed through the works of artists and interactive performances.
The main goal of the event is to support young Ukrainian artists who create art in wartime. It also aims to raise funds for the rehabilitation of war victims in collaboration with the Legacy of War Foundation for the modern U+System center.
