According to the assessment of UCAB experts, agricultural producers of Ukraine need additional financing in the amount of about 9 billion dollars. USA within the next 12 months. This need is created by the impossibility of selling products for export and the need to prepare for planting crops for next year’s harvest. This is reported by UCAB.
According to Roman Slastyon, the general director of UCAB, as of the beginning of July, there are still about 20 million tons of grain and oilseeds from last year’s harvest in the controlled territory of Ukraine, which are subject to export. “That is, about 20% of last year’s harvest has not yet been realized. In addition, the new harvest of grain and oil crops is estimated at 65–70 million tons, of which 45–50 million tons are expected to be exported (including processing products). Thus, the total volume for export of this year’s harvest, together with last year’s residues, will be 65-70 million tons. At the current export rate of 2 million tons per month, Ukraine will export the available volume of grain and oilseeds for the next 32-35 months,” he explained. expert.
In fact, from the 2022 harvest, only 30-35% of the grain volume will be sold during the marketing year. At the same time, domestic prices for grain and oil crops decreased by 40–50% compared to the pre-war level. That is, in value terms, the income from the sale of this year’s harvest for the 2022/23 marketing year will be about 20–25% of last year’s.
“Without external financing in the form of bank loans or other financial instruments, farmers will not have the funds to harvest this year’s harvest, pay rent to owners of land shares, and sow crops for next year’s harvest,” Roman Slastyon emphasized.
Considering the above, UCAB calls on the government to turn to external partners in order to attract the necessary funding and avoid the deepening of the global food crisis.