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Ukraine sees low milling wheat crop
KIEV , Ukraine's milling wheat harvest will plunge to three million tonnes this year from 11 million in 2002 and the country will have to import about two million tonnes of the grain, the prime minister said on Wednesday.
"The balance of grains shows that this year's harvest will not cover domestic needs," Viktor Yanukovich told deputies.
"We will have three million tonnes of milling wheat. We will have to import two million tonnes this year," he said.
Yanukovich said Ukraine, an active wheat exporter over the past two years, annually consumes about five million tonnes of milling wheat.
This year the ex-Soviet state expects its worst harvest in three years. Officials and analysts anticipate that poor weather will slash the total 2003 grain harvest to 25-30 million tonnes from 38.8 million tonnes in 2002.
Yanukovich declined to give a figure for the total harvest, saying the situation would become clearer later in the month. Ukraine's southern regions have already started harvesting.
MGR Archive 3.7.2003
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Russia Rapan $ 700
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USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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