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Agrarian Fund to sell 2005 crop wheat
10.05.2007 15:50 "Agro Perspectiva" (Kyiv) —
As to Cabinet Decree № 243-ð from Apr 26, 2007 Cabinet has permitted Agrarian Fund to sell off 2005 crop wheat from State Food Reserve stocks.
As to permission, Fund will be able to make goods interventions on organized agrarian market.
Decree stipulates wheat is to be sold within 2006/07 MY on Agrarian Exchange at prices not over State regulation objects maximal established sale prices; as to Decree, these measures are targeted at stabilizing grains/bakery products market prices.
As to Agro Perspective earlier report, Agrarian Fund is going to buy UAH100 mn forward contracts grains in 2007.
As to Agro Perspective, Agrarian Fund was founded by Cabinet Decree № 543 on Jul 6, 2005.
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