Market Analysis

President Viktor Yushchenko believes the situation in the market of grain critical. This was at a briefing the press secretary of President Irina Vannikova.

The President of Ukraine is extremely concerned about the critical state of affairs in the grain market, - she said.

According Vannikovoy, the Cabinet had been unable to achieve adequate prices for grain production, with farmers forced to sell grain at low prices.

In particular, it said last week the price of wheat 3rd class fell by more than 100 hryvnia per ton, amounting to 850-900 UAH per ton, over the past two weeks, the price of barley has declined to 200 UAH and amounted 450-500 UAH per ton.

Yushchenko noted that the Agrarian Fund in the absence of the necessary funding to cope with its function to stabilize the situation in the grain market.

Until now, unable to fulfill its function to stabilize the market Agrarian Fund of Ukraine, - underlined Vannikova.

addition, she said, failure is the Government's policy on foreign markets for grain: lost the old markets, and new is not exploited.

It was reported that in 2009 the total area for the cleaning of about 27 million hectares, while under previous cereals - 12.9 million hectares, including 6.8 million hectares of wheat, 4.9 million hectares of barley, 0, 5 million ha of rye.

Minagropolitiki predicts grain harvest in 2009 at 42-43 million tons.

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