Main points
- Rising fuel prices may affect spring field work, but the economist believes that the share of costs for fuel and lubricants is small.
- Many farmers have already stocked up on fuel at old prices, which may reduce the impact of the price increase on the sowing season.
The impact of fuel prices on the crop / Photo Getty Images
Rising fuel prices can affect the cost of a whole range of goods and services. In addition, it can have an impact on the work of the entire agricultural sector, as the sowing season is coming up, where fuel is one of the main items of expenditure.
How will the increase in fuel prices affect the sowing season?
Economist Oleg Pendzin told Channel 24 that the share of fuel and lubricants costs is small, so the current increase will not significantly affect prices. The economist also does not rule out that the increase in the price of gasoline and diesel at Ukrainian gas stations will affect spring field work.
In terms of spring field work for the 2026 harvest, we will see expenses that will later have a seriously negative effect,
– he adds.
On the other hand, Mykhailo Nepran, First Vice President of the Chamber of Commerce and Industry, member of the Ukrainian Business Council, notes that many farmers have already stocked up on fuel for sowing at last year's old prices.
That is, the price increase may affect transportation, trucking, logistics. That is, it is still more the transport component, which will definitely affect everything related,
– says Nepran.
According to the A-95 Consulting Group, as of March 9, the average fuel prices are as follows:
- Gasoline A-95 – 69.02 hryvnias per liter,
- Gasoline A-92 – 66.11 hryvnias per liter,
- Diesel fuel – 71.60 hryvnias per liter,
- Autogas – 40.69 hryvnias per liter.
Please note! Average fuel prices do not reflect the real situation on the market, as this is an average indicator.
Sowing in Ukraine starts late: are there risks of a food crisis?
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The sowing campaign in Ukraine starts late due to weather conditions, but farmers are provided with the necessary resources.
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Losses of winter crops are largely insignificant, and weather conditions do not pose risks to Ukraine's food security.