Expert Opinion
Georghii Kukhaleishvili
analyst
Association of Milk Producers

Global Dairy Market Seeks Balance

Global economic challenges, trade disputes, and production hurdles may compel dairy market operators to gradually re-evaluate their activities in the second half of 2025. Dairy fat…

Georghii Kukhaleishvili
analyst
Association of Milk Producers

Global Dairy Market: Milk Production Declining

In April, milk production volumes decreased in the EU, the USA, and Oceania. The decline in milk yield was influenced by a reduction in cow…

The list of agricultural machinery for state support has been expanded by 1175 new units, - Petrashko

As part of the budget program "Partial compensation for the cost of agricultural machinery and equipment of domestic production", the Ministry of Economy has expanded the list of Ukrainian agricultural machinery, the cost of which is reimbursed.

"1,175 new items of machinery and equipment have been added to the list, now there are 13,719 from 183 manufacturing plants. The list of manufacturing plants has also increased by 2," said Ihor Petrashko, Minister of Economic Development, Trade and Agriculture of Ukraine.

"Upgrading of production equipment allows manufacturers of agricultural machinery and equipment to increase their competitiveness of their production and increase profits," said the Minister.The List of domestic agricultural machinery and equipment can be found at: https://bit.ly/3fRKzVL

Reference:

We will remind, for 2020 the budgetary program "Financial support of agricultural producers" in the direction of "Partial compensation of cost of agricultural machinery and the equipment of domestic production" provides 1 billion hryvnias.  Farmers have already been compensated about 716 million UAH for purchased machinery and equipment (provided 1 billion).  The funds will be received by 1,481 farmers who have purchased 2,295 units of agricultural machinery and equipment worth 2.8 billion. The program is planned to continue in the coming years.

Source: Official website of the Ministry of Economic Development, Trade and Agriculture