Ukraine’s Prime Minister, Mr. Azarov is dissatisfied with forward grain purchases by the Agrarian Fund which has only been able to contract for 440 thousand tons. Clearly farmers aren’t prepared to sell for cheap unless they are in dire straits. The Prime Minister should instead of criticizing the fund should look at the efforts of its monopoly buyer – KhlibInvestBud. Last year (July1 2010 – to June 30 2011), the company fit into the top five grain Ukrainian grain exporters, even though it was created last September. Further that company was responsible for the Agrarian Funds purchases, which seemed to go well when the government imposed export quotas. Now that the quotas may disappear it looks like no one will sell to the Agrarian Fund via KhlibInvestBud.

UkrAgroConsult