Ukraine Collects Record Grain Harvest: Why Export is Under Threat.

Ukraine Collects Record Grain Harvest: Why Export is Under Threat
Ukraine Collects Record Grain Harvest: Why Export is Under Threat

According to ТСН: This year, Ukraine's harvest of grain and oilseed crops is expected to reach 81.4 million tons, which is 2.4 million tons more than last year's figure of 79 million tons. This forecast was published by the Ukrainian Grain Association (UGA).

Optimistic Forecasts for Corn

The main driving force behind this optimistic scenario is corn: the expected volume of its harvest will be 32 million tons. This is significantly more compared to 25.9 million tons in 2024. Potential corn exports could reach 25 million tons.

Forecasts for Other Crops

As for other agricultural crops, the forecasts are as follows:

  • Wheat: 22.5 million tons, export - up to 16.5 million tons.

  • Sunflower: 11.5 million tons, almost the entire volume will be processed in Ukraine.

  • Soy: 5 million tons, export - up to 2.5 million tons.

Threats to Export

Despite the high harvest potential, which allows for the export of up to 49 million tons of grain, the implementation of this plan is under threat. Grain exports are negatively affected due to constant Russian terrorist attacks on critical infrastructure, including energy, railways, and seaports. These strikes complicate the transportation of grain, creating serious logistical problems.

The inability to export sufficient volumes of harvest can lead to losses for Ukrainian farmers and significantly impact the country's economy, as well as its balance of payments.

Future Forecasts

UGA analysts predict that the 2026 harvest could reach 84.5 million tons, and potential exports - 50 million tons. However, achieving these figures is important to ensure the stability of export routes in wartime conditions.

Sale of a Special Permit for the Development of a Oil and Gas Area

A special permit for the development of the Lyubynets Oil and Gas Area in Lviv region has also been successfully concluded in Ukraine. The lot was purchased for over 110 million hryvnias excluding VAT, which is double the starting price.

The area covers 83.87 square kilometers and is located in the Stryi and Drohobych districts, where the extraction of natural gas, oil, condensate, and gas dissolved in oil is permitted. The special permit will be valid for 20 years. The funds from the sale will go to replenish the state budget and the American-Ukrainian Investment Fund for Reconstruction according to Ukraine's international agreements.

Thus, Ukraine has demonstrated not only resilience in agricultural production but also active actions in energy and investment sectors, which can contribute to strengthening the economy amid current challenges. The further development of the agricultural sector will depend on external factors, but positive forecasts give hope for stability in these conditions.


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