Economics and Business Management

Stabilization of the grain market in Ukraine during the post-war period

Mykola Ilchuk, I. Konoval, M. Vodnitskyi
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Abstract

The purpose of the article is to assess the current state of the grain market in Ukraine and to justify approaches to choosing effective areas for its stabilization and increasing the competitiveness of grain on the world market in the post-war period. The following methods were used in the research: factor analysis to identify the influence of various factors on the level of grain competitiveness; the statistical method when determining the variation in the volume of grain production; the calculation and construction method for calculating the areas of implementation of climate technologies and the scope of investment required; forecasting when determining the amount of greenhouse gas emissions for grain crops; the abstract logical method when formulating conclusions. It was established that the strategic orientation of further grain market development in Ukraine should contribute to its stabilization and increase in the grain competitiveness on the world market in the post-war period, subject to compliance with the requirements of the European Green Deal on the transition to a climate-neutral circular economy by 2050. The stabilization of the volume of grain production in Ukraine at the level of 65-70 million tons and the restoration of soil fertility will be facilitated by the wider use of climate technologies (minimum tillage, organic farming, irrigation systems, etc.) in combination with the reduction of plowing-up of agricultural lands. The forecast of greenhouse gas emissions for grain crops for 2030 was performed in accordance with the indicators of the Updated Nationally Determined Contribution to the Paris Agreement, and the amount of required funding was determined. The proposed system of measures to stabilize the grain market in Ukraine in the post-war period will ensure market balance between supply and demand, coordination of the interests of players on this market, and increase the competitiveness of products on the world market without deteriorating the quality of land resources

Keywords

grain market; stabilization; export; post-war period, efficiency; climatic technologies

Suggested citation
Ilchuk, M., Konoval, I., & Vodnitskyi, M. (2022). Stabilization of the grain market in Ukraine during the post-war period. Economics and Business Management, 13(1), 19-30. https://doi.org/10.31548/bioeconomy13(1).2022.14-24
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