Food Security and feeding the worlds growing population of meat cattle
Ukraine's vast agricultural sector - the world's third-largest exporter of corn and fifth-largest exporter of wheat - could not be higher.
Ukraine is known for its ample fields of rich black soil, and the country boasts more than 32 million hectares of fertile, arable land - the equivalent of one-third of the entire arable land in the European Union.
Cargill is involved in the sale of pesticides, seeds and fertilizers and has recently expanded its agricultural investments to include grain storage, animal nutrition and a stake in UkrLandFarming, the largest agribusiness in the country.
Similarly, Monsanto has been in Ukraine for years but has doubled the size of its team over the last three years. In March 2014, just weeks after Yanukovych was deposed, the company invested $140 million in building a new seed plant in Ukraine.
DuPont has also expanded its investments and announced in June 2013 that it too would be investing in a new seed plant in the country.
Western corporations have not just taken control of certain profitable agribusinesses and agricultural activities, they have now initiated a vertical integration of the agricultural sector and extended their grip on infrastructure and shipping.
For instance, Cargill now owns at least four grain elevators and two sunflower seed processing plants used for the production of sunflower oil. In December 2013, the company bought a “25% +1 share” in a grain terminal at the Black Sea port of Novorossiysk with a capacity of 3.5 million tonnes of grain per year.
All aspects of Ukraine's agricultural supply chain - from the production of seeds and other agricultural inputs to the actual shipment of commodities out of the country - are thus increasingly controlled by Western firms.
European institutions and the US government have actively promoted this expansion.
Ukraine's vast agricultural sector - the world's third-largest exporter of corn and fifth-largest exporter of wheat - could not be higher.
Ukraine is known for its ample fields of rich black soil, and the country boasts more than 32 million hectares of fertile, arable land - the equivalent of one-third of the entire arable land in the European Union.
Cargill is involved in the sale of pesticides, seeds and fertilizers and has recently expanded its agricultural investments to include grain storage, animal nutrition and a stake in UkrLandFarming, the largest agribusiness in the country.
Similarly, Monsanto has been in Ukraine for years but has doubled the size of its team over the last three years. In March 2014, just weeks after Yanukovych was deposed, the company invested $140 million in building a new seed plant in Ukraine.
DuPont has also expanded its investments and announced in June 2013 that it too would be investing in a new seed plant in the country.
Western corporations have not just taken control of certain profitable agribusinesses and agricultural activities, they have now initiated a vertical integration of the agricultural sector and extended their grip on infrastructure and shipping.
For instance, Cargill now owns at least four grain elevators and two sunflower seed processing plants used for the production of sunflower oil. In December 2013, the company bought a “25% +1 share” in a grain terminal at the Black Sea port of Novorossiysk with a capacity of 3.5 million tonnes of grain per year.
All aspects of Ukraine's agricultural supply chain - from the production of seeds and other agricultural inputs to the actual shipment of commodities out of the country - are thus increasingly controlled by Western firms.
European institutions and the US government have actively promoted this expansion.
