Growth Green Agriculture
UKRAINE: an agricultural powerhouse
The combination of an abundance of rich black soil and the low cost of labour ensures that farming in Ukraine can be far more profitable than almost anywhere else in the world. Already a world agricultural powerhouse, the nation’s agricultural exports doubled in the last five years, according to Ukraine newspaper Kyiv Post. Agricultural exports in Ukraine increased by almost 40 per cent in 2013, to US$17 billion, Ministry of Agrarian Policy and Food figures show. Ukrainian agricultural industry produces twice as much as is consumed by the domestic market, Ukraine Agriculture Minister Mykola Prysyazhnyuk said. Comparably, the UK produces only 60% of the food consumed in the country. Ukrainian agricultural export in January - October 2012 included meat, fish, dairy, poultry, vegetables, vegetable oils, sugar, wine, nuts, apples, as well as 6.7 million tons of wheat worth nearly USD 1.8 billion, according to ukrstat.gov.ua. Major buyers of Ukrainian agricultural products in 2012 were the EU and CIS countries. Notably, Austria buys Ukrainian apples, while Poland is the major consumer of Ukrainian rye. Egypt and Spain were the largest buyers of Ukrainian wheat. About three quarters of Ukrainian barley is exported to Saudi Arabia. In 2011, Ukraine joined the world’s top three grain exporters. A year prior - in 2010 - it landed fourth on the list of the leading grain exporters, following the
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USA, the EU, and Canada. Moreover, Ukraine currently ranks number one in global barley exports. Additionally, the Eastern European country became the third largest corn supplier in the world in 2011, surpassing Brazil and being the second runner-up to the USA and Argentina. In 2012, China - the world’s largest corn consumer - imported Ukrainian corn for the first time. Ukraine became the world’s largest sunflower exporter in 2011, according to Erste Bank. Ukraine is currently the world’s fourth largest potato producer and fifth largest walnut producer in the world, FAOSTAT report data shows. Given Ukraine’s rich grain production in 2011, the country initiated the creation of the world’s grain reserve under the auspices of the United Nations to ensure more efficient price regulation on the world grain market. Ukraine aimed to form a grain reserve of 10 to 12 million tons and use it for grain interventions.
“Agriculture is set for a boom – I’m long on agriculture more than anything else” – Jim Rogers
For a full agricultural investment overview from Growth Green Agriculture, visit http://ggagriculture.com and download a FREE investment guide.
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Invest in Ukraine | GG Agriculture Growth Green Agriculture PLC strives to be socially responsible to all the environments in which it operates, to build strong, reliable relationships and to generate solid profit for shareholders through sustainable projects in agricultural investments. Stov Olstas-Lyon has been retained as farming operator in Ukraine ("Ukraine Farming Operator") under a long term Management Contract to cultivate, maintain, harvest, dry, transport and sell the crop. The Ukraine Farming Operator utilises the synergy between the attractive and reasonably priced farmland in Ukraine combined with modern farming techniques and the newest farming know-how. To learn more about opportunities to invest in Ukraine, contact GG Agriculture:
GROWTH GREEN AGRICULTURE PLC 4th Floor 36 Spital Square London, E16DY United Kingdom London Telephone: 020 7247 8186 London Fax: 020 7377 9454 International Telephone: +44 20 7247 8186 International Fax: +44 20 7377 9454 Email: info@ggagriculture.com
GrowthGreenAgriculture PLC is registered in England and Wales, reg. no 7145886. Registered office: 4th Floor, 36 Spital Square, London, E1 6DY GrowthGreenAgriculture PLC is not regulated by the UK Financial Services Authority and is not authorised to give investment or tax advice to the public.
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