"It is difficult to provide a final assessment because, unfortunately, cases are still being added and insurance companies are evaluating. Especially after the intense shelling that occurred in early October, the evaluation process is ongoing. However, it is already evident that the damages amount to tens of millions of dollars. Our preliminary estimate for just the latest shelling is between $30 and $40 million," he noted.
The overall losses in the agricultural sector since the beginning of the war are estimated to exceed $10 billion, while the losses specifically in the grain business are around $500 to $600 million, said Vysotsky.