Browse Data and Analysis

By early April 2023, many Ukrainian official agencies and private companies published their end-of-the-year results. This report provided valuable insight into wartime macroeconomic and agricultural developments.

Wheat and barley production is expected to decline due to heat stress and insufficient rainfall. Post forecasts MY 2023/24 wheat and barley production at 800,000 MT and 220,000 MT, respectively, with imports at 2.2 MMT and 900,000 MT.

The full-scale invasion launched by Russia in February 2022 sent seismic shocks throughout the Ukrainian economy, with agriculture bearing a direct impact. It led to a breakdown of farming operations due to the fighting and shelling on farm lands, while crippling agricultural logistics out of the country, leaving farmers unable to sell their crops at reasonable prices.