Farmers ask lawmakers to repeal the "soy amendments"
the Association "Ukrainian club of agrarian business" (ASTP) appealed to the Verkhovna Rada with a request as soon as possible to consider and adopt the bill № 2446 from 14.11.2019, which repeals the so-called "soy amendments".
This document provides an exception clause 63 subsection 2, section "Transitional provisions", which canceled the VAT refund for the export of soybeans in the period 01.09.2018 – 31.12.2021 and rape in the period 01.01.2020 – 31.12.2021.
Also in the ASTP told about the consequences of the introduction of "soy amendments":
Domestic prices of soya on EXW in 2019 decreased compared to 2018 by 25%, while world prices (FOB) – only 14%.
the Volume of export of soybeans from Ukraine will decrease compared with 2018 15% and not exceed 2 million tons.
- of sowing Area of soybean in Ukraine has decreased by 2019 to its lowest in 6 years the level of 1.58 million hectares, which is 8% lower than in 2018 and 21% - to the level of 2017, According to forecasts, in 2020 they will also continue to decline, which will lead to a corresponding reduction in production.
in addition, the lack of soy as an effective predecessor in the rotation persuade to lower harvests of grain and oilseeds, therefore the cost of nitrogen fertilizer when they are growing will grow by 15-17%. Accordingly increase the cost of production of strategically important crops that will worsen the country's position as a world leader in the export of agricultural products.
Similar problems arise, and rape, after next year will come into effect the relevant amendment.
As a consequence, the farming of soybeans and rapeseed will be newgens, so producers will prefer other crops, and processors will lose suppliers.
to stop the negative impact of soy amendments" on the agricultural sector and the economy as a whole, the UAC requests the Parliament as soon as possible to cancel them.
the Purchase price of soybeans is now in the 800-1000 UAH/t lower than last year, while prices for rapeseed for November fell in the port compared to the July-August 1000-1500 UAH/t to 10000-11000 UAH/t
