Last year, the level of profitability of sunflower seed production in agricultural enterprises amounted to 39.4% and became the highest among the main types of products. This was announced by the director of the National Research Center “Institute of Agrarian Economics”, an Academician of the National Academy of Agrarian Sciences Yuri Lupenko.
Kyiv. Ukraine. Ukraine Gate – August 20, 2021 – Agriculture
He noted that last year’s rate of return on sunflower was the highest in recent years and almost 16% higher than in 2019 when it was 23.5%.
At the same time, the profitability of sunflower almost doubled the same figure for grain, which amounted to 20.0% against 11.8% in 2019.
The profitability of vegetable production has also increased: from 7.0% in 2019 to 8.3% last year, the scientist said.
Instead, potato production became less profitable – 11.0% last year against 15.4% in 2019.
Sugar beet production, which was profitable in 2008-2017, has been unprofitable for the third year in a row (-3.5%), Yuriy Lupenko stressed.
In animal husbandry, according to him, only milk production remained profitable – the level of profitability was 20.4%, which is almost at the level of 2019 (20.6%), as well as pork – 2.6% vs. 4.7%. Production of beef and poultry, poultry and eggs, as in 2019, was unprofitable.
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Source: Ukrgate