Czech farmers heading east
Czech farmers are heading east. Not so long ago they criticized the fact that farmers from Germany could rent out land in the Czech Republic. Now they themselves are doing the same thing in Ukraine.
"The Czech Agrarian Chamber received word from the Ukrainian government that there are some 90 thousand hectares of arable land which can be leased out."
"The price of diesel fuel is the equivalent of 11 Czech crowns per litre, labour is very cheap and so are fertilizers and all the necessary chemicals."
"It is to be expected that other farmers will follow, but as far as we know there are still a great many administrative barriers for Czech farmers in Ukraine and the ministry would welcome if this process was facilitated as much as possible."
Hugo Roldan says that there are other opportunities opening up in Ukraine. The Ukrainian government wants to use rapeseed as a source of renewable energy and is seeking an investor who would process rape seed into bio-fuel - something for which the Czech Republic - a big rape seed producer itself - has the technology.