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SaltWire's Atlantic regional weather forecast for October 19, 2023 | SaltWireKYIV - Ukrainian grain and oilseeds crop sector losses could exceed $3.2 billion in 2023 due to the high cost of logistics as well as fuel and fertiliser price hikes, which threaten to reduce sown areas in the next and coming years, farmers unions said on Thursday.
Limited export opportunities, now centred on the small ports of the Danube River and the railway to Eastern Europe, have multiplied the logistics component and consequently reduced the price traders can offer farmers. The Council said that in 2023, even sunflower and rapeseed production would be unprofitable and only soybeans would give some profit to farmers."We planned to sow 2,000 hectares of winter wheat, but sowed only 1,000 hectares," said Ruslan Holub, director of the"Tak" farm, which has more than 10,000 hectares in central and southern Ukraine.
Not only financial difficulties, but also the unfavourable weather may significantly reduce the sowing area this autumn. Ukraine is a traditional grower of winter wheat, barley and rapeseed.
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