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Damage to Ukraine's Ag Sector Estimated at $4.29 Bln; Hundreds of Thousands of Farm Animals Dead


Source: Feedindo Logo Final

15 June 2022 - The Kyiv School of Economics (KSE), in cooperation with the Ministry of Agrarian Policy and Food of Ukraine, estimates that the Russian invasion of Ukraine has caused damages to the agricultural sector of the country worth $4.29 billion.

Damage to farmland (mining pollution and direct physical damage), including unharvested winter crops, is estimated at over $2.135 billion. Approximately 2.4 million hectares of winter crops could be unharvested, resulting in $1.435 billion in damages.

The estimated cost of replacing and repairing damaged farm machinery is $926.1 million.

Damages due to the destruction of grain storage facilities is estimated at $272 million.

The estimated value of livestock loss damages exceeds $136 million.

"Farm animals are dying directly because of the hostilities and because of the farmers’ inability to either access the farm or get animal feed and provide animals with needed veterinary support and care," said KSE.

"The estimated number of animals that died because of the Russain Forces’ aggression is 42,000 heads of sheep and goats, 92,000 heads of cattle, 258,000 pigs, and over 5.7 million poultry."

"Russia’s aggression affects not only the ability to freely export our agricultural products and feed about 400 million people a year around the globe, but damage to land, infrastructure, and agricultural machinery directly affects the production of agricultural products in Ukraine. Without the restoration of lost assets, Ukraine will not be able to return to its place in global food security," said Roman Neyter, an expert at the KSE Institute’s Center for Food and Land Use Research. "Damage assessment is the first element in assessing the need for restoration."