Ukrainian farmers are optimising their fertiliser costs due to the sharp rise in prices
This is reported by ‘UkrAgroConsult’.
Due to the high cost of resources, farmers are forced to optimise their expenditure, which could lead to lower yields in the future.
Despite the financial pressure, the crop mix remains stable, and farmers are trying to maintain the usual balance of crops.
According to experts’ estimates, the area under spring cereals will shrink by just 2%, mainly at the expense of maize.
At the same time, the market will be significantly affected by large carryover stocks: there are around 5 million tonnes of wheat and 4 million tonnes of maize in storage. Such volumes of unsold produce are putting additional pressure on domestic prices.
The outcome of the current season will be the preservation of production areas against a backdrop of rising production costs and the accumulation of grain surpluses.
Experts note that the main risks for the sector are shifting to subsequent marketing periods, as high input costs and logistical challenges are limiting farm profitability.
