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The fall of grain prices in Ukraine has changed the growth

Aug 4th, 2009 | By admin | Category: Main News

observed at the beginning of the new marketing year (MG, July 2009 - June 2010) the fall in domestic prices in Ukraine on grains at the end of July, despite the active cleaning of grain and increasing the supply, changed the growth of reported agricultural analysts.

According to the company ProAgro, over the past week, from 28 to 31 July, food and fodder wheat went up on average by 30 UAH /tonne, barley - 50 UAH /tonne.

The fall in prices was observed only in the corn market - on average over the past week it was 20 UAH /tonne.

rise of grain, according to analysts, is connected with the growing demand for him from the exporters. Experts believe that the export activity in the grain market is stimulated by increases in the dollar against the hryvnia and the increase in world prices for cereals.

The prices of grain have reached their bottom and began to slowly grow, - said the expert think-tank UkrAgroConsult Elizabeth Malyshko.

In her view, in the short term prices may stabilize wheat and barley to continue its growth.

As reported, Ukraine as of July 30, namolotila 26.5 million tons of grain, which is 7.3% higher than the same date in 2008. Ministry of Agricultural Policy predicts grain harvest this year, 42-43 million tons against last year's 53.3 million tons.

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