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23 November 2024

News

01.10.2015

There might be a shortage of rye in Ukraine

There might be a shortage of rye in Ukraine

According to experts of UCAB in 2015/16 MY there might be a shortage of rye in Ukraine. Indicators of gross yield of this crop this year amounted to 399,1 ths. tons, which is 16,5% less than last year. Consumption of rye on the internal market during the marketing year constitutes around 500 ths. tons, and considering the transitional balances are at the level of 98 ths. tons, the volume of aggregate supplies on the market will be 497 ths. tons.

In Ukraine there is a downward trend of production of this crop, which is caused by its low profitability and unfavorable price situation on the market. The key factors that influence the situation on the market are public attitudes inside the country and dynamics of exports. Moreover supplies of crop abroad vary greatly each year. For example, last marketing year the volume of exports of rye amounted to 21,9 ths. tons, and in 2013/14 MY – 50,9 ths. tons.

Association "Ukrainian Agribusiness Club"

3 floor, 146 Zhylianska Str.

01032 Kyiv, Ukraine

Phone/Fax: +380 44 2362097/79

   feschenko@ucab.ua

www.ucab.ua

Anna Feshchenko

The Association "Ukrainian Agribusiness Club" (UCAB) www.ucab.ua was founded in 2007 to protect the economic and professional interests of players of agribusiness in Ukraine. UCAB is a unique platform in Ukraine for establishing business contacts between the leaders of agribusiness, improvement their work and dialogue with the government. UCAB actively supports Ukrainian producers in establishing and maintaining international business relations. The Association consists of the largest producers and processors of agricultural products in Ukraine.





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