The FINANCIAL — To date, the Government of Ukraine does not plan to impose any limitations for grain exports, but plans to increase the purchasing prices to the Agrarian Fund, stated Nikolay Prysiaghniuk, the Minister of Agrarian Policy of Ukraine, on July 21.
According to N.Prysiaghniuk, the Agrarian Fund plans to purchase nearly 4-5 mln tonnes of grains on the market. The Minister noticed that Ukraine undertook the obligation to the World Bank and the World Trade Organization to avoid grain export limitations trough licensing and establishment of quotas.
The Minister also noticed that grain purchasing volume will depend on the price conjuncture. N.Prysiaghniuk also stated that to date, grain prices face the increase on the domestic market, as well as on the foreign market. In privately, during last week, the price increased by 20 USD.
Discussion about this post