The FINANCIAL — The Ministry of Economic Development and Trade of Ukraine kept its forecast for some decline in agricultural commodities production in the country in the Ist half of 2016 at the level of 1%, declared the press-service on the Ministry.
At the same time, the Ministry noted that high competition rates on the domestic market, the loss of dairy products markets in the CIS countries, cancellation of the special regime of VAT payment for agricultural producers, as well as decreasing of the planted areas under winter crops by 12.9%, will become the main negative factors for agricultural production in the reporting period.
Also, the Ministry analysts expect for increasing of meat production at export-oriented enterprises, and improving of the domestic consumer demand.
Discussion about this post