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Ukraine started importing grain from Russia on intergovernmental agreement
Ukraine has started to import milling grain from Russia in line with agreements between the two governments, Ukraine's Agrarian Policy Minister Serhiy Ryzhuk informed, according to Interfax-Ukraine news agency. "The first shipment out of the stipulated 166,000 tonnes has crossed the border today", Ryzhuk said.
He added that the first two trainloads of milling grain had already arrived to Ukraine under intergovernmental agreement with Kazakhstan.
According to intergovernmental agreements, Russia is to supply to Ukraine since August till October this year 166,000 tonnes of 3rd class milling wheat at the price of $110 per tonne. According to a resolution of Russian government, the 2001 crop milling wheat is to be supplied to Ukraine from the stocks of federal intervention fund on conditions of prepayment.
According to the news agency, in July Ukraine imported 60,600 tonnes of wheat and wheat/rye mixture for the total worth of $6.96 million, which is 27 percent less than the month before.
According to market participants' forecasts, deficit of milling grain in Ukraine in the 2003/04 marketing year will make 3.7 million tonnes.
MGR Archive 23.9.2003
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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