28 Mar 2023 10:11

Ukrainian farmers to sow onions, carrots, other vegetables on larger area in 2023

MOSCOW. March 28 (Interfax) - Ukrainian farmers plan to increase the area to be planted with onions, carrots and other vegetables in 2023 in an effort to receive a larger harvest than in 2022, Ukraine's First Deputy Minister of Agrarian Policy and Food Taras Vysotsky said.

"The Ministry of Agrarian Policy and Food is working to fill the market with goods to the maximum and to stabilize prices. This should be done not through regulation or restrictions but via market mechanisms, because price regulation, as practice shows, results in a shadow market," Ukrainian media quoted Vysotsky as saying during the telethon on Monday.

When commenting on today's vegetable prices, he said that prices for vegetables are the highest in spring due to the seasonal factor. The deputy minister suggested that prices will start to decline when the new harvest becomes available.

According to data from the country's State Statistics Service, prices for vegetables in Ukraine rose 36.2% in early March year-on-year, fruit prices increased 74.9%, while inflation stood at 24.9%.