MOSCOW, October 10 A wave of bankruptcy of agricultural producers is coming in Ukraine, harvesting has already fallen for all crops, said the country's ex-Prime Minister Mykola Azarov.
«The wave of bankruptcies of Ukrainian agricultural producers is a cruel reality of Ukraine. This year there will be the most difficult situation in the agricultural sector. Harvest has fallen for all crops,» Azarov wrote on the social network.
Azarov noted that agricultural companies in the south, north and east, which are far from the western borders, may be at risk of bankruptcy, not in the best situation and the center of Ukraine. According to the ex-prime minister, only a “fall in domestic consumption against the backdrop of a permanent population decline” will “save” the situation.
Earlier, Chairman of the All-Ukrainian Agrarian Council Denis Marchuk said that about 30% of enterprises will refuse to sow winter crops due to financial insolvency. According to him, sunflower and rapeseed can displace wheat and corn, since they are in great demand in Europe. According to him, this season sowing costs will increase by about 19%, and grain and leguminous crops may be harvested by 11 million tons less than in 2022.
In August, the Ukrainian government turned to the European Commission with a request to compensate logistics costs for transporting agricultural products to European ports in the equivalent of 30 euros per ton of grain. Minister of Agrarian Policy of Ukraine Nikolai Solsky reported that Kiev currently exports up to 3.5 million tons of grain per month “without a grain corridor” versus 5-6 million tons in the recent past.