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The Crimea is going to purchase 2004 crops’ wheat UAH1000/t for its regional resources
01.07.2004 12:37 "Agro Perspectiva" (Kyiv) —
The Crimea’s Council of Ministers is going to buy this year crop’s wheat UAH1000/t (on contracts with agricultural producers) for the Crimea’s regional resources, reported the Crimean Council of Ministers’ press-service. As to report, food wheat purchase price on contracts concluded between Ministry of Agroindustrial Complex and the Crimea’s agricultural producers is UAH1000/t. As to Apr 28 Cabinet’s decree, the Crimean authorities are to purchase for regional resources not less 72.000t this year crop’s grain. As earlier reported, Cabinet is going to purchase UAH750-800/t 3 class wheat for State Reserve. Experts forecast this Jul wheat’s price decline down to UAH700-800/t, in Aug down to UAH600-650/t. By now domestic market’s 3 class wheat prices are UAH900-950/t. This year grain crop is forecasted 33-35 million tons, in the Crimea ~ 0.9-1 million tons. 2003 grain crop totaled 20.2 million tons, in the Crimea ~ 0.665 million tons.
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