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Ukraine is at danger of crop failure repetition in 2004
Ukraine is at risk to face a crop failure next year again, the Director of the Ukrainian Research Institute for Agrarian Economy Mr. Sabluk told a farm economy conference in Almaty (Kazakhstan) October 29.

Sabluk said that because of unfavourable weather conditions in 2003, Ukrainian farmers had harvested 3.5 million tonnes of [food] grain. With account of the maize grain this amount may reach 4 million tonnes. The demand of Ukraine in the bread grain is 4 million tonnes.

However, there is a danger that because of financial shortages, the country's agricultural producers will considerably cut the areas of cultivated land in 2004. There is virtually no state support of agriculture in Ukraine, not any reform infrastructure; the agricultural production remains loss-bearing, Sabluk said.

The profitability norm in the farm industry is minus 0.4 percent, which is the lowest among the productive industries of the country, he said.

MGR Archive 31.10.2003
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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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