The FINANCIAL — The potential of Ukraine to increase agricultural land areas totals 4.5-5 mln ha, stated Vladimir Osadchuk, grain and oilseeds trader of Noble Resources Ukraine, during his presentation at Ukrainian Grain Congress, taking place in Kiev on October 6-8, and organized by APK-Inform Agency and Ukrainian Grain Association.
V.Osadchuk noted that Ukraine annually sows crops throughout nearly 27.8 mln ha of agricultural lands. According to the expert opinion the country reached almost the maximum level of oilseeds sowings, and the sowing areas increase is possible just only for soybean and rapeseed. The expert does not expect for the essential sunflower sowings increase, due to the opinion that the country reached the maximum possible level of sunflower sowing areas.
According to the expert, during the nearest 10 years Ukraine will possibly increase grain production by 2 times,and reach the level of 60-65 mln tonnes; oilseeds – by 15-17%. V.Osadchuk noted that export volumes will also face an increase, and in the nearest prospect the country expect for the increase of agricultural holding number with the land bank from 50 thsd ha.
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