Traditionally, representing to your attention a brief overview of the world and Ukrainian agrarian sector news.
For agrarians January is usually not eventful. This is the month when you can relax, take stock of the past year and smoothly proceed to the implementation of your plans and preparing for the new season. However, we have collected some interesting and informative news.
So, in 2018, Ukraine secured the status of the first grain supplier to the European market (second in the world) and the status of the first oil supplier, and also broke the record for the collection of grain crops.
Also, in 2018 more than 730 million euros were invested in the “green” energy sector. The Department of Communications and Public Relations of the State Energy Efficiency Agency informs that in 2018, 813 MW of new generating capacity of electricity from renewable sources were installed. This is almost 3 times more than the amount of capacity introduced in 2017, namely about 300 MW. In general, today the country has 2,240 MW of capacity, which generate “clean” electricity 1.5 times more than at the end of 2017 (about 1,500 MW).
On January 1, 2019, the nationwide regulatory monetary valuation of agricultural land, which eliminates the need to draw up technical documentation on regulatory monetary valuation for individual agricultural land, came into force, reports AgroRolit.com. Thus, for the first time since 1995, all agricultural land on the territory of Ukraine has been assessed (except for the land within settlements).
The State Fiscal Service of Ukraine (SFSU) initiates the abolition of VAT refunds on grain and oilseed exports and proposes to keep it only for exporters of finished products. According to preliminary estimates, such a move would deprive the agricultural sector 50 billion UAH. in year. Thus, the SFSU hope to eliminate the “multi-billion budget imbalance”, remove the grain and oilseeds production market from the shadows and increase budget revenues. From the point of view of experts, such a decision could destroy the entire economic system of value added production. One of the opinions is that it would be more rational to reduce the VAT rates for the sale of essential goods from the consumer basket of Ukrainians in the customs territory of Ukraine. In this case, the cost of socially significant goods on store shelves would decrease, conditions would be created for the legalization of tens of thousands farmers and the value added system would not collapse.
The first community was registered in Ukraine, which will sell the land lease rights transferred to them through the electronic auction OpenMarketLand. As part of the pilot project, 200 successful auctions worth UAH 18.4 million have already been held at the OpenMarketLand site. Additionally, as a result of competitive electronic trading, 10.3 million UAH were earned for local budgets. All trades are held using modern protection technology Blockchain.
The Verkhovna Rada considered the decision to lift the moratorium on the opening of the land market and refused to lift the moratorium on the sale. This means that President Poroshenko no longer has any barriers to signing the law on the extension of the moratorium on the launch of the land market. Now Speaker Andrei Paruby can send the law for signature to the President.
With kind regards, team of GC “Agroliga”.