Business news from Ukraine

Ukrainian farmers will get access to databases of the world agro-industrial complex

16 September , 2022  

On September 15, the Ministry of Agrarian Policy and Food of Ukraine signed a memorandum of cooperation with one of the world’s largest databases, AgroChart, containing information on prices and statistics of agricultural markets since 1970.
As reported on the agency’s website on Friday, the signing of the document will provide the Ukrainian agro-industrial complex with up-to-date information on the Ukrainian market situation, assessment of export opportunities and tracking changes affecting the export and import of Ukrainian agricultural products.
“Today, more than ever, it is important to provide our farmers with reliable information about the functioning of the markets for grain, oilseeds and feed ingredients, up-to-date analytics of export supply and import demand by country, prices, etc. All this will help them make informed decisions,” – the words of the Deputy Minister of Agrarian Policy for Digital Development, Digital Transformations and Digitalization Denis Bashlyk are quoted in the message.
He said that in the future it is possible to integrate AgroChart databases with the State Agrarian Register (SAR), but this will not happen in the near future.

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