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Agrarian Fund to buy 0.7 mn MT grains/180,000 MT sugar in 2007 for State Reserve
17.05.2007 13:03 "Agro Perspectiva" (Kyiv) —
As to Ministry of Agrarian Policy order «Issues of Agrarian Fund Activity on Organized Agrarian Market in 2007/08 MY» (registered May 8 in Justice Ministry), Agrarian Fund is to purchase 710,000 MT grains/180,000 MT beet sugar to form this year State Food Reserve.
As to order, Fund is to purchase mainly 3/4 classes wheat.
As to Agro Perspective earlier report, in 2006 Agrarian Fund failed to fulfill Government commission on 565,000 MT grains State Food Reserve forming (Fund succeeded to buy slightly over 300,000 MT grains).
As of now, Fund functions as Ministry of Agrarian Policy structural subdivision; Fund was created to perform/now performs food articles interventions and mortgage purchases.
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