Ukrainian agriculture will need two decades to recover

Ukrainian agriculture will need two decades to recover – report ...News

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The conflict with Russia is estimated to have caused at least $9 billion in damage to the sector Agricultural production in Ukraine may not return to pre-conflict levels until 2050, the Center for Food and Land Use Research at the Kiev School of Economics estimated in its Agricultural Outlook this week. According to its calculations, the conflict with Russia has cost the Ukrainian farming sector $9 billion, or more than 26% of its tangible assets, as of April 2023. Prior to the conflict, in 2021, around 33 million hectares were being used to cultivate grains and oilseeds. Last year, this had shrunk to around 25 mi

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Last updated : 17 June 2023 clock 11:20 AM

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Ukrainian agriculture will need two decades to recover – report ...News

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