In 2017 Ukraine will decrease the production of agricultural products to 224 billion USD

The volume of gross agricultural production output in 2017 will amount to 244.1 billion UAH, which is 4.1% less than last year.

This was reported by Director of the National Scientific Center — Institute of Agrarian Economics, Academician of the National Academy of Sciences of Ukraine Yuri Lupenko.

According to the forecasts of scientists of the Institute of Agrarian Economics as of the beginning of June, the gross output of crop production will decrease by 5.1% as compared to 2016 and will amount to about 175.6 billion UAH.

Gross livestock production is forecast at the level of 68.5 billion UAH, which is 1.6% less than in 2016.

We would like to remind that in 2025 Ukraine will increase the production of agricultural products to 316 billion UAH.