Polish President Karol Nawrocki stated that Ukraine’s accession to the European Union would pose a threat to Polish agriculture.
“I acknowledge that Ukraine’s accession to the EU poses a threat to Polish agriculture. As President of Poland, and while understanding Ukraine’s aspirations, I will always advocate for fair treatment of Polish farmers and Polish agricultural products, particularly in the context of the ‘Green Deal’ and EU decisions,”
Navrotsky said, according to a press release from the Office of the President.
He also added that Poland has “land that is far too beautiful” to “surrender Polish agriculture to either ideology or someone else.”
Since the start of Russia’s full-scale invasion, the Food and Agriculture Organization of the United Nations (FAO) has allocated $176.7 million to support Ukraine’s agricultural sector, with priorities including demining and training for agribusiness development, according to Shakhnoza Muminova, head of the FAO office in Ukraine.
“From 2022 to the present, FAO, together with its partners, has allocated $176.7 million to support approximately 300,000 families in rural areas and 17,000 farmers,” she told the Interfax-Ukraine news agency on the sidelines of the Agro Ukraine Summit on Wednesday.
According to Muminova, one of the most underfunded yet most critical areas remains the humanitarian demining of agricultural land.
“First and foremost, mine action requires significant funding because it is expensive. Ukraine currently has the world’s largest area of contaminated agricultural land. If this sector is underfunded, demining could drag on for several decades. And we want to return the land to production as soon as possible,” she noted.
The head of the FAO office reported that currently 133,000 square kilometers of Ukraine’s territory require surveying and are at risk of being contaminated with explosive ordnance.
According to her, the FAO’s work in Ukraine focuses on several key areas: supporting families and farmers in rural areas, as well as providing technical support to the government. Particular attention is being paid to surveying potentially contaminated areas and providing vouchers to resume agricultural activities on cleared plots.
Muminova also highlighted the lack of funding for training and agribusiness development programs.
“The Ukrainian agricultural sector is currently experiencing a significant exodus of people due to the hostilities. Many people are leaving, and the agricultural sector is suffering greatly as a result. Therefore, training remains one of the key areas in need of support,” she explained.
According to the FAO representative, the organization plans to provide support to an additional 240,000 households and farmers between 2026 and 2028. To implement this plan, the FAO needs to raise $193 million, but the initiative remains underfunded at this time.
“What strikes me most is that people do not want to leave their homeland, even if it is dangerous,” Muminova added.
Soybean acreage in 2026 reached 2.1 million hectares, an increase of 5% compared to last year, Taras Vysotsky, Ukraine’s Deputy Minister of Economy, Environment, and Agriculture, told reporters on the sidelines of the Grain Ukraine 2026 international conference on Friday.
“This year, soybean acreage did not decrease; in fact, it increased by 5%. Several factors contributed to this simultaneously—the rising cost of fertilizers and fuel. Consequently, farmers have shifted their focus to crops that require fewer fertilizers, namely soybeans. It requires lower costs for cultivation, transportation, and export,” Vysotsky noted.
As reported, pursuant to Law No. 4536-IX of July 16, 2025, a 10% export duty on rapeseed and soybeans was introduced in Ukraine effective September 4, 2025. The document provides for a gradual reduction of the rate by 1% annually, starting January 1, 2030, to 5% by 2035. At the same time, the law includes a preferential regime for direct producers and cooperatives, who are exempt from paying the duty when exporting their own-grown products.
Experts from the American Chamber of Commerce (ACC) have argued that this could lead to a significant reduction in soybean acreage in 2026 due to this law.
According to the Ministry of Economy, as of June 2, 1.96 million hectares had been planted with soybeans, or 96% of the forecast, whereas last year, as of May 30, according to the Ministry of Agrarian Policy, soybean plantings totaled 2.23 million hectares.
agricultural sector, export duty, MINISTRY OF ECONOMY, planting season, SOYBEANS
Former majority owner of the Agro-Region agricultural holding and former Minister of Economic Development and Trade of Ukraine Aivaras Abromavičius will focus on investments in the Ukrainian technology sector and projects related to the future reconstruction of the country after selling the asset to the Kernel group.
“The day after the deal was closed, I already invested in a Ukrainian technology company. I think the corresponding press release will appear in the coming weeks. My wife and I want to remain very active people, so I am not planning to retire. On the contrary, now we must look at those Ukrainian companies that will become critically interesting when large-scale reconstruction begins,” he said during a Business Breakfast at Forbes Ukraine.
According to Abromavichus, shifting focus from the agricultural sector to IT and infrastructure projects is a logical step after almost 20 years of investing in Agro-Region. He noted that the technology market in Ukraine is currently showing high stability, and the upcoming reconstruction will create demand for assets in areas that will ensure economic recovery.
The investor added that despite his exit from agribusiness, he plans to attract foreign capital to Ukraine, focusing on companies with high growth potential.
Details of the new deal in the technology sector are not being disclosed until the investment round is officially completed.
Abromavichus also announced a number of promising areas for investment in Ukraine. He noted that the country has already become a “world champion in agrotech and militech,” so these are the areas to invest in. The businessman paid special attention to infrastructure and noted that although logistics was a step “where everyone wanted to be present,” now, due to falling prices, “it’s a different game.”
In his opinion, investors should focus on assets that will be in demand during reconstruction and software companies.
“I really like technology companies… we should go to Ukraine and look at them,” he concluded.
Aivaras Abromavičius is a Lithuanian-Ukrainian entrepreneur, former Minister of Economic Development and Trade of Ukraine (2014-2016) and former Chairman of the Supervisory Board of Ukroboronprom (2019-2020), who was a key partner of the investment company East Capital for a long time. Currently, Abromavičius owns shares in a number of Ukrainian IT startups and technology companies through controlled investment structures, and also has interests in real estate and consulting.
The sale of 100% of the Agro-Region group of companies (shareholders — Aivaras Abromavičius and Lars Erik Hokansson) to Andriy Verevsky’s Enselco group was one of the largest M&A transactions in Ukraine’s agricultural sector since February 2022. The investment company Dragon Capital acted as the exclusive financial advisor to the sellers, while OMP provided legal support. As a result of the acquisition of assets with a land bank of 41,000 hectares in the Kyiv, Chernihiv, Zhytomyr, and Khmelnytskyi regions, the Kernel Group (through Enselco) has increased its total land fund to 550-600 thousand hectares.
The Agro-Region Group is a high-tech integrated business comprising three operating clusters and approximately 200,000 tons of elevator capacity. The company specializes in growing corn, wheat, sunflowers, rapeseed, and soybeans, with an annual harvest of 200,000 tons. According to YouControl, at the time of the transaction, Aivaras Abromavičius owned a controlling stake in the holding (53.6%) through Garna Stockholm Holding AB, while Lars Erik Hokansson’s share was 44.28%. The deal was closed after receiving all necessary regulatory approvals, becoming a landmark investment signal for the industry amid martial law.
The Ukrainian agricultural sector is faced with the need to implement EU standards, which could cost the industry up to €2.5 billion annually, but at the same time opens up strategic opportunities for integration and strengthening Ukraine’s role in global food security, said Andriy Dykun, chairman of the All-Ukrainian Agrarian Council (AUC).
“Calculations show that the introduction of European eco-standards will cost the Ukrainian agricultural sector approximately €2.5 billion per year, which amounts to €70-150 in additional costs per hectare. We must incorporate these standards into our legislation. And at the same time, no one is even talking about giving Ukraine subsidies,“ the association’s press service quoted him as saying at the conference ”Agribusiness in Ukraine.”
He added that environmental standards are currently under pressure in Europe itself.
“It is important to understand that these standards are not yet a certainty in the EU itself. European farmers are also under a lot of pressure, and their green course is constantly changing,” Dykun noted.
After unification, Ukraine and Europe together will be the largest food producer in the world.
“We are the only country that will join the EU with agriculture better than in any other EU country — we are coming in with a high level. But we must unite with Europe not with an “outstretched hand,” but as an equal partner, which together with the EU will become the world’s largest food producer. This needs to be worked out professionally,” the VAS chairman concluded.
Let’s track the prices as of the end of June 2025 for the main grain and oil crops exported from Ukraine, as well as fluctuations in their value on the world market.
The price of wheat (France, FOB) was 235 USD/t, according to market operators on June 25, 2025. This is 1 USD less than last week, 6 USD more than the previous month, and 3 USD more than the previous year. The price of wheat (Ukraine, 2nd grade, CPT) for the central regions (June 26) was 192 USD/t. This figure remained unchanged during the week, decreased by 15 USD over the month, and increased by 45 USD over the year. For ports, the amount was 206 USD/t, which is 3 USD less than a week ago and 18 USD less than a month ago, but 19 USD more than a year ago.
According to the International Grains Council, the price of corn (USA, FOB) as of June 25 was 192 USD/t. This is USD 8 less per week and USD 16 less per month, but USD 3 more per year. The price of corn (Ukraine, CPT) on June 26 for the central regions was USD 204/t. It did not change during the week, but decreased by USD 4 per month and increased by USD 73 per year. For ports, it was 216 USD/t (also unchanged from the previous week, down 16 USD from the previous month, and up 3 USD from 2024).
“Let’s pay attention to the forecast for global corn production in 2025/26 MY. It has been reduced by 1 million tons to 1,276 million tons, compared to 1,225 million tons in the current season. However, the forecast for global consumption has been increased by 1 million tons to 1,269 million tons. Therefore, the estimate of final corn stocks has been lowered by 2 million tons (to 282 million tons). This will exceed the current season’s figure by 7 million tons,” said grain market analyst Alexander Korenitsyn.
As for the price of barley (France, FOB) as of June 25, it stood at USD 216/t. This is USD 6 less than a week ago and USD 5 less than a month ago, but USD 11 more than a year ago. Let’s analyze the price changes for barley (Ukraine, CPT). As of June 26, the price was (central regions) – 171 USD/t. This is 3 USD more per week and 46 USD more per year, but 30 USD less per month. For ports, the price is 188 USD/t, which is 6 USD more per week, 40 USD more per year, but 2 USD less per month.
Prices for major grain and oil crops exported from Ukraine, end of June 2025
According to Oleksandr Serhiyovych Korenitsyn, the price of sunflower seeds in the EU (Rotterdam, FOB) as of June 25 was USD 655/t. The changes are as follows: +5 USD per week, -14 USD per month, and +170 USD per year. The price of sunflower seeds (Ukraine, CPT) on June 26 (central regions) was 509 USD/t. This is 8 USD less per week and 16 USD less per month, but 109 USD was added to the price per year. For ports, the cost is 507 USD/t. The price fell by 6 USD per week and rose by 9 USD per month and 148 USD per year. A ton of sunflower oil (Ukraine, FOB) costs 1,111 USD as of June 26.
The cost increased by $8 per week and by the same amount per month.
The calculation of price fluctuations for soybeans is based on its cost as of June 25 (Brazil, FOB) – $420/t. It decreased by $10 per week and by $16 per year, but increased by $15 per month.
“The price of soybeans (Ukraine, CPT) in the central regions was 349 USD/t on June 26, which is 8 USD less than a week ago, 4 USD less than a month ago, and 23 USD less than in 2024. The price for ports is 368 USD/t. It decreased by 14 USD, 13 USD, and 10 USD over the week, month, and year, respectively,” said analyst Alexander Korenitsyn.
The price of rapeseed (France, FOB) on June 25 was $557/t. Price changes: down $9 per week, up $7 per month, and up $55 per year. The cost of rapeseed (Ukraine, CPT) on June 26 for central regions is 497 USD/t (up 106 USD per year), for ports – 531 USD/t (up 110 USD per year).
agricultural sector, COST, DOLLAR, EXPORT, HARVEST, Oleksandr Korenitsyn, PORT, PRICE, SOYBEANS
