In 2024, the production of oilseeds in Ukraine will increase by 19% compared to 2023 to 2.3 mln ha, which will be a record for the industry, APK-Inform news agency reported based on the results of the survey among farmers.
According to the survey, conducted in February-March 2024, 82% of the respondents, who grow soybeans, plan to keep the area under soybeans unchanged, and 16% intend to increase it. The increase will be due to the reduction of the area under winter crops, as well as sunflower or other spring crops.
The soybean area in 2024 may increase to 2.3 mln ha (+19% by 2023), which will be a new record for the industry. Previously, the maximum for this crop was 2.2 mln hectares in 2015, analysts predict.
They also expect the production of soybeans in Ukraine to reach a record level, which, according to preliminary estimates, could reach 6 mln tons, which is 17% higher than last year.
At the same time, according to experts, the area under sunflower is not likely to change significantly: 87% of the respondents who grow the crop plan to keep the area under it unchanged. Those who plan to reduce or increase the area under sunflower mostly reported that it will be at the expense of rapeseed.
“Our estimate of the sunflower acreage in 2024 is still 5.8 mln ha, which is almost at the level of 2023. Under favorable weather conditions, the oilseed harvest could reach 13.9 mln tonnes (+1% compared to 2023), which is still lower than the pre-war figure,” the analysts emphasized.
The area under rapeseed in 2024 is likely to decrease due to the dry autumn, which led some farmers to abandon the winter oilseed planting.
In the survey, 51% of respondents reported that winter rapeseed crops are in good or excellent condition, 43% – in satisfactory condition, and 5% – in poor condition.
The area under spring rapeseed may also increase in 2024 to the record level due to the price attractiveness of this oilseed, but the total area under winter and spring rapeseed, according to APK-Inform preliminary estimates, will decrease by 6%. This figure will still remain quite high compared to previous years, amounting to about 1.4 mln ha. The harvest of this oilseed may decline by 9% in 2024, to 4.2 mln tonnes, APK-Inform summarized.
For the first time since the beginning of the full-scale invasion, the best teacher in Ukraine will be honored – the annual national award Global Teacher Prize Ukraine has announced the start of collecting applications! The main winner will receive UAH 1 million for their own educational project and will go on a trip to the Global Teacher Prize.
The Global Teacher Prize Ukraine has been recognizing teachers who are changemakers since 2017. For the past two years, since the beginning of Russia’s full-scale invasion, the Prize has not chosen the country’s best teacher, focusing instead on documenting the stories of wartime teachers. This year, the Global Teacher Prize Ukraine returns to the format of a professional award for the best among the best.
The organizer of the award, Osvitoria, is looking for teachers who have made an outstanding contribution to the profession, students and society, and whose professional skills need to be recognized.
“The work of a teacher now requires not only professionalism, but also deep empathy, strength of spirit and dedication. Ukrainian teachers have repeatedly shown that no matter how scary and difficult the realities are, they will not be afraid and will not leave their jobs. And as true professionals, they not only “cope”, they make miracles happen, becoming a support for our children every day. The Global Teacher Prize Ukraine is a recognition of their tireless work, endurance and skill. We honor those who educate the next generation of Ukrainians, because the future of our country will depend on the foundation of values and meanings laid in schools,” says Zoya Lytvyn, head of the Osvitoria Union and founder of the Global Teacher Prize Ukraine.
The application process is open until July 8 on the Global Teacher Prize Ukraine website. The application can be filled out by the teacher himself or she can be nominated by friends, colleagues, students or their parents – there are no restrictions. The main winner will be determined by several expert groups in four stages, and his or her name will be announced at the award ceremony on October 5.
The main winner will receive UAH 1,000,000 for their own educational project and will go on a trip to the Global Teacher Prize.
Teachers will also be honored in several separate nominations, such as young teacher, teacher-innovator, Ukrainian choice, and others.
The general media partner of the Global Teacher Prize Ukraine is traditionally 1+1 media group. Kyivstar TV is the information partner of the award, a movie and TV platform.
Information note
The Global Teacher Prize Ukraine is an annual national award for teachers who are agents of educational change. The prize aims to recognize the achievements of teachers not only in relation to their students, but also to society, and to emphasize the importance of teachers in Ukraine. The National Prize was initiated in 2017 by the Osvitoria NGO after signing a memorandum with the Varkey GEMS Foundation, the founders of the Global Teacher Prize.
“Osvitoria” is a non-profit public union that has been helping to reform and develop education in Ukraine since 2013. It is the founder of the Global Teacher Prize Ukraine. More information on the website: https://osvitoria.org/
If you have any additional questions, please contact the press service of the NGO “Osvitoria” at: globalteacherprize@osvitoria.org
The article collects and analyzes the main macroeconomic indicators of Ukraine. In connection with the entry into force of the Law of Ukraine “On Protection of the Interests of Economic Entities during Martial Law or State of War” the State Statistics Service of Ukraine suspends the publication of statistical information for the period of martial law, as well as for three months from the date of its completion. The exception is the publication of information about the consumer price index, separate information on statistical indicators of 2021 and for the period January-February 2022. The article analyzes open data from the State Statistics Committee, the National Bank and analytical centers.
Maxim Urakin, PhD in Economics, analyzed macroeconomic trends in Ukraine and the world based on official data from the State Statistics Committee of Ukraine, the NBU, the UN, the IMF and the World Bank.
Macroeconomic Indicators of Ukraine
Maxim Urakin cited data from Ella Libanova, director of the Institute of Demography and Social Research, which suggests that about 50% of citizens will return after the war.
“Demography is an important factor for economic recovery, but the threat of depopulation and labor shortage cannot be ignored. In the medium term, the reduction of demographic growth potential in Ukraine is compensated only by migration,” Urakin emphasized.
The expert noted that the main risks for the economy remains the duration of the war and instability of international aid.
“In the third quarter of 2023, Ukraine’s GDP growth slowed to 8.2%. The negative balance of foreign trade increased by 3.2 times, which is a worrying signal. Public debt has slightly decreased compared to August figures, but in 2024 it may exceed the country’s GDP for the first time, which poses significant risks to economic stability,” the economist said.
Prospects for the Global Economy
Maxim Urakin also analyzed the global economy, noting a slowdown in growth in 2024 to 2.2%.
“One of the key reasons for the slowdown in global economic growth is the decline in GDP rates in developed countries. We have seen the lowest GDP upturn in advanced economies since the 1980s, excluding the periods of the global financial crisis and the COVID-19 pandemic. The unprecedented cycle of interest rate hikes by major central banks in recent years has also played a significant role in slowing growth. This increase in rates is caused by the need to control inflation, but at the same time it limits economic activity,” the expert explains.
According to the expert, the current macroeconomic situation in Ukraine and the world requires further analysis. For Ukraine, the main challenges in the coming years will be the need to rebuild Ukraine after the war and the management of public debt.
Influencers, partners and media representatives visited the updated breakfast menu. The presentation was accompanied by charming saxophone melodies. The host of the event, the unsurpassed Sergey Komarovsky, was responsible for the excellent mood.
The guests were able not only to enjoy new menu items, including a separate section of fragrant morning pastries, but also to take part in a master class from brand chef Sergey Bashinsky and pastry chef Anton Shtypa on cooking Japanese omelet with vegetables and guacamole. Fenix also treated guests to prosecco, which now accompanies leisurely breakfasts every weekend from 9:00 to 15:00.
We were happy to invite all guests to Fenix restaurant for this amazing event and give you spring mood and inspiration!
See you soon at Fenix!
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Wheat flour prices in Ukraine have been gradually falling since the beginning of March due to problems with transit through Poland, where striking farmers are constantly blocking the borders, APK-Inform news agency reported.
“Excessive supply of flour and moderate demand from both domestic and export-oriented companies continue to put pressure on prices. It is almost impossible to sell the flour to the export market due to the strikes at the Polish borders, which also affects the gradual decline in prices,” the analysts said.
According to their information, since the beginning of the month, the prices for high-grade flour have decreased by 100-300 UAH/ton and as of March 15 are mainly fixed in the range of 9700-11100 UAH/tonEXW.
Number of dead and wounded civilians in Ukraine from 24.02.2022 till 31.12.2023 un data
Source: Open4Business.com.ua and experts.news
