This summer, crop yields in Ukraine face increased risks due to abnormal heat lasting approximately three weeks. This condition is anticipated to reduce yields significantly, affecting the prices of various products including vegetables, potatoes, meat, and eggs.
The Seed Association of Ukraine's executive director, Suzana Hryhorenko, highlights a continuous decrease in acreage for both spring and winter crops over the past three years, attributed to logistical challenges, the ongoing conflict, and energy infrastructure damage.
World Bank expert Oksana Ruzhenkova notes the heat's detrimental effects on borscht vegetable crops, predicting increased market prices and costlier borscht in the fall. Non-greenhouse tomatoes and cucumbers have also been significantly affected, with cucumber prices reaching high levels.
The loss of major vegetable production areas in the Zaporizhzhia and Kherson regions exacerbates the situation. Additionally, power outages play a crucial role in product pricing, especially for meat and dairy products requiring refrigeration, as stated by Oleg Pendzyn, director of the Economic Discussion Club.
Source - https://www.freshplaza.com
