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UKRAINIAN FARM LEADERS EXPECTS 30% DROP IN SPRING PLANTINGS
Leonid Kozachenko speaks at U.S.-Ukraine Business Council meeting.
By Mike Dorning, Bloomberg, Wash, D.C. Thur, March 31, 2022
WASHINGTON - Spring planting of corn, soybeans and sunflowers will drop “at least 30%” in Ukraine because of the war, says Leonid Kozachenko, president of the Ukrainian Agrarian Confederation.
* Overall production of the spring-planted crops will drop “at least 40 to 45%” and depend on supplies of fertilizer, pesticides and diesel fuel, all of which are in short supply, he
* The war’s impact will not be as great on winter wheat, which already has been planted, with production down “not more than 20%” compared with last year
* Mining of farmland by Russian troops is also hindering planting
* “About 50,000 hectares is closed because of mines put there by Russian troops. Every day they place more,” he says
* Ukraine has about 33 million hectares of arable land, according to the UN’s Food and Agriculture Organization
* Kozachenko spoke during a Zoom call on the war’s impact hosted by the U.S.-Ukraine Business Council.
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