Business news from Ukraine

Business news from Ukraine

Minister of Agrarian Policy said that Ukraine bought all disposable granaries on world market

Ukraine will need disposable and mobile granaries with a total capacity of up to 20 million tons for the storage of crops this season, thanks to public-private partnerships, the necessary equipment has already been contracted.
However, Ukraine’s purchases of alternative granaries have depleted their stocks on the world market, Mykola Solsky, Minister of Agrarian Policy and Food, said on Wednesday.
“Ukraine may have taken away all disposable crop storage systems that are now available on the world market, they mainly go to Ukraine. Therefore, the Ukrainian market and the state have secured themselves, and I hope that there will be no particular problems with crop storage,” he said. Solsky during the All-Ukrainian telethon.
At the same time, most of the funds for storing the harvest were purchased by Ukrainian agribusiness privately.
“Judging by our monitoring of the market and communication with its participants, 15-19 million tons of one-time storage was contracted by the business, and with the help of international funds and through the UN FAO, a tender was purchased and held this month at the initiative of the Ministry of Agro-Industrial Complex for about 6 million tons of one-time storage,” the minister said.
According to him, the day before, a separate tender was held from the United States Agency for International Development (USAID) for the purchase of mobile silos for Ukraine to store more than 1 million tons of crops, as well as equipment for loading and unloading them.
As reported, on August 15, 2022, President of Ukraine Volodymyr Zelensky signed bill No. 7548-1 on exemption from taxation of import duties on goods used for the storage of grains and oilseeds.
The import of mobile granaries will make it possible to save the harvest of this season, since in the conditions of the military invasion of the Russian Federation, by the end of 2022, a deficit of 10-15 million tons of elevator capacities is expected in Ukraine.
In mid-June, the Ministry of Agrarian Policy announced that Ukraine would soon receive the first batch of sleeves for temporary storage of crops – mobile granaries, the need for which arose due to a shortage of elevator capacities.
To address this issue, the agency turned to the governments of the United States, Canada, the UK and the EU.