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Financial Times: US crop producers eye Ukraine market

Author: Financial Times All articles by this author

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Nov. 26, 2012 08:27
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A farmer reaps grain in combine harvesters on land near Zhovtneve village, in the region of Chernigov, some 220km north of Kyiv on August 11, 2009.
Photo by AFP

Two of the world’s largest producers of agriculture products are seeking to launch production of high-quality seeds and other farming technologies in Ukraine to help the nation double its harvests.

Dupont Pioneer, a leading US developer and supplier of advanced plant genetics, has announced that it will invest more than $40m into construction of a domestic seed production facility. Monsanto, also from the US, is eyeing similar possibilities, with an announcement expected in December.

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