USAID, Bayer Partner to Address Need for Corn Seed in Ukraine
The U.S. Agency for International Development (USAID) announced a new partnership with Bayer through the Agriculture Resilience Initiative - Ukraine (AGRI-Ukraine) to address the immediate and long-term demand for corn seed from Ukraine’s farmers and the countries that depend on corn seed from Ukraine.
AGRI-Ukraine is a USAID-led initiative launched to boost Ukraine’s economy and help alleviate the global food security crisis driven by the brutal war in Ukraine by focusing on providing critical agricultural supplies, improving export rail logistics and efficiency, giving farmers greater access to financing, and supporting storage, drying, and processing needs.
Under this agreement, Bayer plans to build on its 25+ years of supporting Ukraine’s agriculture sector by investing $34.9 million (EUR35 million) to increase the capacity of its seed processing facility in Pochuiky in Ukraine’s Zhytomyr region (the largest of its kind in the country). This investment will be used to boost the capacity of its seed dryer, provide additional field equipment, and add supplemental storage facilities, which in turn, will create new job opportunities.