High cost of delivering Ukrainian grain to European ports makes exports unprofitable — “Ukrainian Agribusiness Club”
The cost of delivering Ukrainian grain to seaports has increased several times, as after the beginning of the full-scale invasion and blockade of Ukrainian ports, the products are taken to Europe. From there, the grain is transported to the final consumer by sea. Roman Slaston, Director General of the Association “Ukrainian Agribusiness Club” spoke about this during a briefing at Media Center Ukraine.
“If before the full-scale invasion it cost about USD 25-30 per ton to bring grain to our ports, now it costs about USD 200 per ton to bring it to European ports. That is, after earning USD 300 for a ton of wheat, barley or corn, agricultural producers will receive only USD 100 and sometimes even less. This does not cover the cost of production at all,” — Roman Slaston said.
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