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In Ukraine, it became unprofitable to grow rye and barley, so in 2023 these grai...

Due to war and inflation: in Ukraine one of the types of bread may disappear from stores

In Ukraine, it became unprofitable to grow rye and barley, so in 2023 these grain agrarians will not sow, which provokes a shortage of products. Against the backdrop of high inflation and Russia's ongoing war, there may be a shortage of rye bread in Ukraine in 2023. Dmitry Kushnir, CEO of Harveast Holding, told this in a comment in Agronews. ua. According to him, in Ukraine it became unprofitable to grow rye and barley, so pearl and barley can disappear from the shelves of stores next year.

There will also be rye bread in the shortage. Dmitry Kushnir noted that the production of these cereals is now considered unprofitable due to the rise in price of all components of the process and the rupture of logistics chains. In addition, Ukrainian farmers cannot sell what they have grown even with a minimum profit, because now no one will buy this grain at a real price. Therefore, in 2023, barley and rye are probably not sowed, which provokes a shortage of products.

Price rise in Ukraine is only gaining momentum. In particular, the NBU predicts that inflation in 2022 will be 31%. "While the dynamics are slightly lower than the NBU estimates, it is likely that inflation will be slightly weaker - between 25% and 30% by the end of the year," - comments CASE Executive Director Dmitry Boyarchuk. NBU Council Member Vitaliy Shapran also does not believe that inflation in Ukraine in 2022 will be no longer than 30%.

"We are now watching how oil prices in the world markets are reduced and this can give a certain anti -inflationum of our national economy," the focus interlocutor explains. For his part, Mykola Pugachev, Deputy Director of the National Scientific Center "Institute of Agrarian Economics", the Academician of NAAS noted that in the last eight months, the consequences of hostilities and Russian occupation were present in the last eight months.

That is, prices are influenced by the following factors related to war: "Increasing rocket firing by the Russian Federation will also affect food markets and prices for products. After all, the consequence of these attacks is the further destruction of infrastructure, which complicates the work ", - Mykola Pugachev comments. "At the same time, consumer expectations are getting worse - people try to make stocks in case of unforeseen events, and this increases demand.