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Food prices to rise in Ukraine: experts explain when this will happen

 Food prices to rise in Ukraine: experts explain when this will happen

Prices for vegetables, potatoes, meat, eggs and other products in stores are expected to rise.

Heat, power outages and logistical difficulties pose considerable risks to agricultural crops. Crop failure and reduced product quality will affect prices.

The publication “Focus” writes about this.

According to the executive director of the Seed Association of Ukraine, Suzanna Grigorenko, overall, the sowing area in Ukraine has been decreasing for the third year already for both spring and winter crops, partly due to logistical difficulties and the full-scale Russian invasion and shelling of Ukrainian energy systems. Therefore, there are difficulties with crops that need to be dried, such as corn.

Heat

The heat will negatively affect the sunflower harvest, and soybeans will suffer the most this year.

World Bank expert Oksana Ruzhenkova claims that the abnormal heat in Ukraine will negatively affect the harvest of potatoes, carrots, cabbage and other borscht vegetables, which will lead to higher prices on the markets.

“Today we have lost huge vegetable growing regions in the Zaporozhye and Kherson regions. Regarding the expansion of the area under tomatoes in the Odessa region, it is unlikely to help due to the fact that they rely on processing. So if ground tomatoes are 20 hryvnia in season – “this is already a good price,” says the expert.

In the Vinnytsia region, due to drought, farmers will lose at least 20% of the harvestthe media reported with reference to data from the Institute of Forage and Agriculture of Podolia of the National Academy of Agrarian Sciences. In the region, in the first half of July, 40 degrees Celsius were recorded in the air, and on the surface of the earth – up to +72. The heat negatively affected the crops of corn, sunflower, which, due to lack of moisture, prematurely sheds leaves, soybeans, sugar beets.

Power outage

Director of the Economic Discussion Club Oleg Pendzin notes that the price of food depends not so much on the heat and showers, but on the power outage.

“Food products, in particular meat and dairy products, require cooling of raw materials and the appropriate temperature conditions for sale. If this is not observed, we end up with lost products, which leads to higher prices for what remains. Therefore, by the end of August we will inevitably see higher prices for milk and meat,” he said.

According to Oleg Pendzin, the vegetable harvest will be worse than last year. But given that more of them have been planted, there will be no shortage. Of all the crops, the expert is most concerned about grains, in particular corn, on which both livestock farming and dairy products depend.

Earlier it became known that the growth of food prices will occur gradually, most likely in the fall. It is connected with the introduction of generators in the processing industry.

Growth in food prices! What exactly will become more expensive and by how much?


tsn.ua

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