Ukraine farmers pin hopes on exports as war costs pile up bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Ukraine's efforts to revive sea exports in defiance of Russia's military blockade have given a glimmer of hope to a teetering farm sector in which loss-making producers are abandoning some land in one of the world's biggest grain belts.
Ukraine's efforts to revive sea exports in defiance of Russia's military blockade have given a glimmer of hope to a teetering farm sector in which loss-making producers are abandoning some land in one of the world's biggest grain belts. With no end in sight to the war with Russia, access to the Black Sea is critical if Ukraine is to preserve an agricultural industry that was the fourth-largest grain supplier globally before the conflict and in value terms accounted for half of Ukraine's total exports last year. Ukraine's grain exports so far in the 2023/24 season that started in July are running 28% below the year-earlier volume, according to agriculture ministry data.