Ukraine agriculture output may shrink by 2.6% in 2017 – experts

Agricultural production in Ukraine may shrink by 2.6% in 2017 against 2016, to UAH 247.9 billion (US$9.3 billion), according to the press service of the National Scientific Center "Institute of Agrarian Economics."

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Crop production in 2017 is expected to decline by 3.4%, to UAH 178.7 billion ($6.7 billion), however, the production of wheat, rye, buckwheat, peas, rice, rapeseed and potatoes will grow, the experts said.

Livestock output will be estimated at UAH 69.2 billion ($2.6 billion) in 2017, which is 0.6% down from 2016.

Read alsoUkraine to increase grain exports in 2017 - mediaHowever, the output of cattle and poultry meat, as well as eggs will increase slightly. At the same time, the production of milk and wool is expected to decrease, the press service said.

As UNIAN reported earlier, agricultural production in Ukraine grew by 6.1% in 2016 against 2015. In particular, agricultural enterprises boosted output by 9.8% in 2016 from 2015, while private farmers' output rose by 1.5%, according to the State Statistics Service.

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