Business news from Ukraine

Business news from Ukraine

Soybean Harvest in Ukraine Declined by 23.4% to 3.3 Million Tonnes

As of November 10, 2026, Ukrainian farmers had harvested 3.30 million tonnes of soybeans, which is 23.4% less compared with the figure recorded on November 7 of last year, the Ministry of Agrarian Policy and Food of Ukraine reported. According to the ministry, soybeans have been harvested from an area of 1.52 million hectares, representing 94.4% of the forecast area. The average crop yield stands at 21.8 centners per hectare, compared with 23.5 centners per hectare a year earlier.

In 2025, as of the comparable date, farmers had harvested 4.31 million tonnes of soybeans from an area of 1.83 million hectares. Thus, this year’s gross harvest is approximately 1.01 million tonnes lower.

The reduction in harvested volumes is associated with both a 17.1% decrease in the harvested area and a 7.6% decline in the average yield.

It was the reduction in area that became the main factor behind the negative trend in the gross harvest.

Soybeans are an important raw material for the production of vegetable oil, meal, and compound feed. A significant portion of the output is used in livestock farming and the food industry and is also supplied to foreign markets.

The decrease in the gross harvest may intensify competition between processing enterprises and exporters for available raw materials. However, the impact on domestic prices will also depend on carryover stocks from the previous harvest, international quotations, and demand for processed products.

Among Ukraine’s three main oilseed crops, soybeans are showing the opposite trend compared with sunflower seeds and rapeseed, whose gross harvests increased over the same period.

Soybean harvesting in Ukraine is still ongoing but has already been completed on more than 94% of the forecast area.

Original source: Ministry of Agrarian Policy and Food of Ukraine, November 10, 2026.

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Fruit and Berry Harvest in Ukraine to Remain at 1.77 Million Tonnes in 2026 – NBU

The National Bank of Ukraine has maintained its forecast for the fruit and berry harvest in 2026 at 1.77 million tonnes, corresponding to the previous year’s figure. This is stated in a study by the Experts Club information and analytical center.

Unlike potatoes and vegetables, for which production forecasts were significantly downgraded, the estimate for this year’s fruit and berry harvest remained unchanged.

At the same time, compared with the pre-war period, Ukrainian horticulture continues to demonstrate lower production volumes.

In particular, 2.24 million tonnes of fruit and berry crops were harvested in 2021, compared with 2.02 million tonnes in 2024 and 1.77 million tonnes in 2025.

Thus, the projected harvest for 2026 will remain approximately 21% below the 2021 level and 12.4% lower than the 2024 figure.

The National Bank has also slightly lowered its forecast for fruit and berry production in 2027, from 1.90 million to 1.87 million tonnes.

The revision amounts to 30,000 tonnes, or approximately 1.6%.

At the same time, compared with the expected result for 2026, the NBU forecasts an increase in fruit and berry production of 100,000 tonnes, or approximately 5.6%.

Thus, the regulator expects a moderate recovery in production in this segment of the agricultural sector next year.

The restoration of perennial plantations, modernization of cold storage facilities, and expansion of fruit and berry processing remain important for the further development of horticulture.

Unlike most annual agricultural crops, the establishment of commercial orchards and berry plantations requires significant initial investments and a long payback period.

Therefore, the industry’s development prospects will largely depend on the availability of financing, investments in cultivation technologies, and opportunities to sell products in domestic and foreign markets.

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Vegetable Harvest in Ukraine to Decline by 15% in 2026 – NBU Forecast

The National Bank of Ukraine has lowered its forecast for the vegetable harvest in 2026 from 8 million to 7 million tonnes, which is 12.5% below the previous estimate.

As noted in a report by the Experts Club information and analytical center, based on the NBU’s October Inflation Report published on November 6, 2026, lower potato and vegetable harvests negatively affected agricultural performance indicators.

Compared with 2025, when Ukraine harvested 8.2 million tonnes of vegetables, the projected decline in production amounts to 1.2 million tonnes, or 14.6%.

For comparison, the gross vegetable harvest amounted to 6.8 million tonnes in 2024 and 9.9 million tonnes in the pre-war year of 2021.

Thus, expected production in 2026 remains 2.9 million tonnes, or 29.3%, below the pre-war level.

At the same time, the NBU’s updated forecast for 2027 also envisages lower production volumes than previously expected.

In particular, the vegetable harvest forecast for next year has been reduced from 8.1 million to 7.4 million tonnes, or by 8.6%.

Compared with 2026, this would mean a possible increase in production of 400,000 tonnes, although the harvest volume would still remain significantly below the 2021 level.

A reduction in vegetable production may create additional risks for the food market, particularly given the highly seasonal nature of supplies and the need for long-term storage of some products.

At the same time, the impact on prices of individual types of vegetables may vary significantly depending on the harvest of a particular crop, its quality, the availability of stocks, and import volumes.

According to the State Statistics Service, vegetable prices fell by 2.3% in September 2026 compared with August, demonstrating the impact of a seasonal increase in supply on consumer prices.

For Ukrainian vegetable producers, the main areas for improving resilience remain the development of irrigation, modernization of vegetable storage facilities, expansion of greenhouse production, and processing.

At the same time, the final results of the 2026 vegetable season will depend on the outcomes of harvesting and the revision of official agricultural statistics.

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Ukraine has completed its wheat harvest, yielding 26.26 mln metric tons

Ukrainian farmers have completed the wheat harvest, yielding 26.26 million metric tons of grain from an area of 5.12 million hectares, which is 15.3% higher than the 2025 harvest, the Ministry of Agrarian Policy and Food of Ukraine reported on November 3.

The average wheat yield in 2026 was 51.3 centners per hectare, compared to 45.1 centners per hectare last year, an increase of 13.7%.

At the same time, the area harvested for wheat increased by only 1.4%, or approximately 70,700 hectares. Thus, the main factor behind the increase in gross production was higher yields.

Barley also showed positive growth. Its gross harvest reached 6.60 million metric tons from an area of 1.48 million hectares, which is approximately 22.8% more than the figure at the end of October last year.

The average barley yield increased from 39.7 to 44.5 centners per hectare. At the same time, the area under cultivation expanded by approximately 9.8%.

The pea harvest has also been completed. According to the ministry, 834,100 metric tons were harvested from 302,200 hectares, with an average yield of 27.6 centners per hectare.

Compared to 2025, the gross harvest of peas increased by 26.2%, and the yield increased by approximately 13%.

In total, the harvest of the three main early grain and legume crops—wheat, barley, and peas—amounted to about 33.69 million metric tons.

The increase in yields for these crops is important for securing the domestic food market, supporting the flour milling and animal feed industries, and building Ukraine’s export reserves.

At the same time, wheat remains Ukraine’s largest grain crop in terms of gross volume already harvested in 2026, although the ongoing corn harvest may alter the ratio between crops.

Sources: Ministry of Agrarian Policy, data as of November 3, 2026; official statistics on the 2025 harvest.

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Ukraine has harvested 10.8 mln metric tons of corn, having completed harvest on 37.5% of planted area

As of November 3, 2026, Ukrainian farmers had harvested 10.78 million metric tons of corn from 1.72 million hectares, representing 37.5% of the projected area, according to the Ministry of Agrarian Policy and Food of Ukraine.

According to the ministry, the average corn yield reached 62.8 centners per hectare. At the same stage of last year’s harvest campaign, based on preliminary data as of October 31, 2025, it stood at 61.5 centners per hectare.
Thus, the corn yield increased by approximately 2.1%.

At the same time, the pace of the harvest remains slower than last year. By the end of October 2025, corn had been harvested from 40% of the planted area, whereas as of November 3 of this year, only 37.5% had been harvested.

Over the past week, farmers increased the gross corn harvest by approximately 2.9 million metric tons. As of October 27, 7.89 million metric tons had been harvested, while by early November, this figure had risen to 10.78 million metric tons.
The weekly increase in the gross harvest was about 36.6%.

At the same time, more than 2.86 million hectares of corn, or 62.5% of the projected area, remain unharvested.
Further results of this crop’s harvest will have a decisive impact on Ukraine’s total grain harvest in 2026, as the harvests of wheat, barley, and peas have already been completed.

Corn remains one of Ukraine’s main export grain crops. It is used in the production of compound feed, in the food industry, and as a raw material for industrial processing.
As of November 3, the gross harvest of grain and legume crops in Ukraine stood at 44.62 million metric tons, or 75.1% of the projected area.

Sources: Ministry of Agrarian Policy, report dated November 3, 2026; Ministry of Economy, harvest results as of October 31, 2025.

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Ukraine Harvests 10.8 Million Tonnes of Corn, Completing Harvesting on 37.5% of Area

As of November 3, 2026, Ukrainian farmers had harvested 10.78 million tonnes of corn from an area of 1.72 million hectares, representing 37.5% of the projected area, the Ministry of Agrarian Policy and Food of Ukraine reported.

According to the ministry, the average corn yield reached 62.8 centners per hectare. At a comparable stage of last year’s harvesting campaign, according to preliminary data as of October 31, 2025, it stood at 61.5 centners per hectare.

Thus, corn yields increased by approximately 2.1%.

At the same time, the pace of harvesting remains slower than last year. By the end of October 2025, corn had been harvested from 40% of the area, whereas as of November 3 this year, only 37.5% had been harvested.

Over the past week, farmers increased the gross corn harvest by approximately 2.9 million tonnes. As of October 27, 7.89 million tonnes had been harvested, while by the beginning of November this figure had risen to 10.78 million tonnes.

The weekly increase in the gross harvest amounted to approximately 36.6%.

Meanwhile, more than 2.86 million hectares of corn, or 62.5% of the projected area, remain unharvested.

The subsequent results of harvesting this crop will have a decisive impact on Ukraine’s total grain harvest in 2026, as the harvesting of wheat, barley and peas has already been completed.

Corn remains one of Ukraine’s main export grain crops. It is used in compound feed production, the food industry and as a raw material for industrial processing.

The gross harvest of grain and leguminous crops in Ukraine as of November 3 amounted to 44.62 million tonnes, with harvesting completed on 75.1% of the projected area.

Sources: Ministry of Agrarian Policy and Food, report dated November 3, 2026; Ministry of Economy, harvest results as of October 31, 2025.

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