Profitability of grain production in Ukraine decreased 13%

20.07.2018

According to the State Statistics Service of Ukraine, grain production on private farms became less profitable in 2017.

So, profitability of wheat production in 2017 was down 4.9% at 26.8% against 31.7% in 2016. At the same time, profitability of wheat growing on private farms equaled 31% in 2017.

Barley profitability was at 24.0%, down 1.4% from 2016 (25.4%). At the same time, profitability of barley growing on private farms equaled 25.6% in 2017.

Profitability of corn production in 2017 decreased 22%, to 23.7% (45.7% in 2016). At the same time, profitability of grain corn production on private farms equaled 24.1%.

Overall, profit margins of grain production in 2017 averaged 25% that was down 12.8% from 2016.

 

UkrAgroConsult


 

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