Business news from Ukraine

SOWING CAMPAIGN BUDGET IN UKRAINE TO BE UAH 116 BLN IN 2018

24 May , 2018  

The total budget of the sowing campaign in Ukraine in 2018 would be UAH 116 billion, and as of May 18, 2018 some UAH 87 billion was spent, First Deputy Agricultural Policy and Food Minister Maksym Martyniuk has said.
“We are closing the finish of the sowing campaign. As of May 22, 6.859 million ha or 93% of the target was sowed. This figure is almost identical to the last year figure. The month delay in the start of field works was fully removed,” he wrote on his Facebook page.
Martyniuk said that there are no reasons to expect that the harvest would considerably decrease compared with the previous year.
“Winter crops give no rise to unfavorable criticism. In the hibernation period only 0.1% of total crops were killed. This is a record. The main indicators in the formula of the future harvest of positive, although weather in the first half of June could influence the harvest. We do not see threats for grain crops after the sowing campaign,” he said.