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Kyiv School of Economics Discussion Series: War and Post-War Agriculture of Ukraine
Rico Ihle has been invited to join Discussion 3 on Adaptation, innovative technologies and support instruments. The focus of this discussion is on how the Ukrainian agricultural producers have been adapting throughout a full-scale war, exploring the underlying causes, challenges, and strengths of this adaptation. Additionally, the discourse delves into strategies for supporting Ukraine’s farming sector during these challenging times.
On 24 February 2022, the Russian Federation initiated a full-scale war against Ukraine, resulting in a surge of prices for gasoline, diesel fuel, natural gas, and inorganic fertilizers. Energy, particularly fossil fuels, plays a crucial role in agriculture, serving as a fuel source for machinery and as a source for production of nitrogen-based fertilizers. Export blockade in Ukraine led to accumulation of supply of agricultural commodities and a consequent record fall of farm-gate prices. The combined impact of farm-gate prices decline and fuel prices increase resulted in a substantial reduction in profits of Ukrainian agricultural producers, and enforced the latter seeking adaptation strategies and testing new production technologies.