Browse Data and Analysis

After a major decrease in 2022, Ukraine’s cattle and swine population is expected to decline further in 2023. Although some war-related factors have already had their negative impact, the refugee crisis, disposable income drops, and a weakened economy are expected to depress livestock sector development further.

Although it initially decreased after the war began, Ukraine’s chicken meat production remained stable in 2022. The production was impacted by significant cost increases predominately associated with more expensive trade logistics and a turbulent macroeconomic environment.

Due to the recent ban on genetically engineered (GE) commodity imports, the 2022/23 soybean import forecast is reduced from 2.5 to 1.2 million tons. With the lower expected soybean imports, 2022/23 crush and soybean meal output is reduced accordingly.

The 2022/23 cotton import forecast is reduced from 5 to 4.5 million bales due to the problems importers are facing in financing imports. Since December 2022, Pakistan’s shortage of dollars has hindered cotton importers’ ability to fulfill payment...