May 12, 2022


Ukraine agricultural group, Ukrlandfarming says it suffered losses due to war



Major Ukraine agricultural group, Ukrlandfarming, said it has suffered losses totaling hundreds of millions of dollars, due to loss of access to land and destroyed farms following Russia's invasion into the country, Reuters reported.


The group, which produces grain, meat, and eggs, said 40% of its land portfolio has been lost because it has been occupied by Russians or based in areas where planting cannot commence because of ongoing conflict.


It emphasised the loss of access to over 100,000 hectares in southern Ukraine's Kherson area and 6,500 hectares in Luhansk's eastern region, both of which are part of the country's overall land bank of 500,000 hectares.


Ukrlandfarming accused Russian soldiers of killing 4 million adult laying hens and 700,000 baby pullets at Europe's largest poultry farm, Chornobayivska in Kherson. The group accused them of destroying additional farms in Kyiv's vicinity, as well as a grain elevator in the Zhytomyr, west of the capital.


The group has a London-listed offshoot called AvangardCo.


Mykola Solskyi, Ukraine's Agriculture Minister, said the country had planted roughly 7 million hectares of spring crops so far this year, down 25-30% from the same period in 2021.


Antonio Guterres, UN Secretary-General, said the issue of global food security cannot be solved without reintroducing Ukrainian agricultural products to the global market.


-      Reuters

Video >

Follow Us