Ukraine's agricultural production dropped by 2.8% in January-November 2017 year-over-year (y-o-y), according to the Ukrainian State Statistics Service.
The draft national budget for 2018 introduced for the second reading in the Verkhovna Rada does not foresee the allocation of funds as direct subsidies to agrarian, designed to compensate their losses from the abolition of the special VAT regime, according to the draft law on the 2018 budget posted on the website of Ukraine's parliament.
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."
Analyst of agricultural markets of the Food and Agriculture Organization of the United Nations (FAO) Andriy Pankratov forecasts that the livestock of pigs in Ukraine will be the smallest by the beginning of 2018 in the years of Ukraine's independence, according to Liga.net, referring to AgroPortal.
Ukraine's agricultural enterprises in January-September 2017 raised average sale prices by 10.5% year-over-year (y-o-y), according to the Ukrainian State Statistics Service.
The Ukrainian Economic Development and Trade Ministry expects the growth of agricultural production in 2017 against 2016, despite the decline in livestock output and a relatively lower grain yield, according to the analytical report published on the ministry's website.