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Ukraine can harvest up to 79 mln tonnes of grains and oilseed in 2023 – Solskyy

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This year, Ukraine can harvest up to 79 mln tonnes of grains and oilseeds, which will exceed last year's volume by approximately 7 mln tonnes. The Minister of Agrarian Policy and Food of Ukraine, Mykola Solskyy, said this on the air of the National Telethon on September 26, reports RBC-Ukraine.

“I want to remind you that in May, at the beginning of planting, we thought that we would have around 63-64 mln tonnes, then we raised the forecast to 67-68 mln tonnes, then more than 70 mln tonnes. In the last two weeks, we are talking about the harvest, which will probably be somewhere around 79 mln tonnes, that is, at least seven mln tonnes more than last year,” said the minister.

However, he noted, that farmers in Ukraine are currently “interested at what price they can sell the crops.”

“Ukraine needs to be able to export 5 mln tonnes a month, and so far it's a bit more than 3 mln tonnes. Obviously, this is a significant difference. When there is such a significant difference, logistics is always expensive and grain is cheap because the demand for logistics is much greater than the supply. It needs to be balanced, which is why the government has strong hopes for exports via the Danube River and the Black Sea. And in this way, the price of the product should rise,” explained M. Solskyy.

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