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Cabinet is set to buy 2007 grains 2-3 mn MT in order to create foods 4-5 months reserve
01.06.2007 14:20 "Agro Perspectiva" (Kyiv) —
Cabinet is going to form country food grains 45 months reserve with grains (23 mn MT, 2007 crop) to be purchased through Agrarian Fund/State Committee for Material Reserves (State Reserve), reported Viktor Slauta, Agrarian-Industrial Complex Vice Premier.
As to Slauta, State Reserve/Agrarian Fund will start purchasing grains in Jul-Aug.
Vice Premier said though grains purchases total cost is UAH1.62 milliard, State
Reserve/Agrarian Fund already have minimal necessary financial resources to start purchases with. Besides, Government will help these companies to solve purchases financial problems.
As to Agro Perspective earlier report, experts estimate domestic food grains market annual capacity as much as 7 mn MT.
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