News

Hungarian farmers' association MOSZ said that in the last 12 months, Hungary's corn imports amounted to 1 million tons, which is a quarter of its annual needs. Due to a severe drought, the own harvest was greatly reduced and forced to resort to the purchase of corn in Ukraine.

This week, rapeseed prices continue their positive upward trend along with oil prices, despite increased crop forecasts.

The Ministry of Foreign Affairs and the State Production and Consumer Service of Ukraine, thanks to their joint work, create new opportunities for domestic manufacturers in foreign markets. So, already in September, Turkey opened a new market for the export of processed animal protein (not intended for human consumption) of Ukrainian production.

Ukraine continues consultations with the participants of the grain agreement, namely the UN and Turkey, and hopes that the corridor will continue to work, noted Taras Vysotskyi, Deputy Minister of Food.

In the second half of September, prices for chicken eggs soared, and as Svitlana Lytvyn, an analyst of the Ukrainian Agribusiness Club, notes, as of September 29, 2022, prices were 17% higher than a year ago.

Onion prices continue to rise in Ukraine. Due to the growing demand from distributors and sales restrictions by manufacturers, prices will continue to rise.

On September 27, 2022, changes were made to the procedure for providing grants for the creation and development of horticulture, berry growing and viticulture.

Due to the bad weather in Ukraine, it is now impossible to harvest soybeans, corn and sunflower. Prices are rising due to the work of the "grain corridor" and the corresponding increase in demand for products.