Wednesday, August 7, 2019
Harvest performance so far supports optimistic predictions that it can repeat the record harvest and export volumes achieved last year. Grain crops account for about 40% of agricultural exports, which with ferrous metals are the key sources of foreign revenues.
- Oilseeds will remain another lucrative export item: Ukraine is the world's largest exporter of sunflower oil.
- Bread prices will rise in response to shrinking domestic supply amid growing exports of flour.
- The government is likely to seek a new accord with exporters to define how much can be exported while ensuring national food security.