News
15.02.2018
Spring sowing campaign will cost UAH 127 bln this year
Sowing-2018 will cost 23% more than last year and will amount UAH 127 bln. It is 24 bln more than last year. Spring field works for agrarians cost UAH 103 bln in the spring of 2017.
The main reasons of price increase for sowing are rising prices for basic productive resources, rising costs for land lease and inflation of the national currency. General costs for fertilizer increased by 33%, petrol, oil and lubricants +29% and seeds + 17%.
Four crops will form the basis of spring sowing campaign and 92% of all costs will be spend on them: UAH 46 bln for sunflower, UAH 42 bln for maize, UAH 19 bln for soybean, and UAH 10 bln UAH for spring barley.
Recall that in autumn 2017 winter crops were sown on 7.8 mln ha of land: 5.9 mln ha of winter wheat, 0.9 mln ha - winter rapeseed, 0.8 mln ha - winter barley and almost 0.2 mln ha - winter rye. «This year's winter is favorable for hibernation of winter crops, the percentage of losses is currently estimated to be one of the lowest in recent years», said Petro Lakhay, analyst of agricultural markets of the Association «Ukrainian Agribusiness Club».
