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Agrarian Fund purchased 2005 grain 644.600t at mortgage prices
07.02.2006 16:11 "Agro Perspectiva" (Kyiv) —
As of Feb 1, Agrarian Fund has acquired
2005 crop 644.600t grain at mortgage prices through providing agrarians with UAH277.750 budgetary loans, reported Ministry of Agrarian Policy press-service.
As to press-service, Agrarian Fund has signed 838.500t grain purchase contracts.
As earlier reported, as of Oct 24, 2005, Fund had bought 609.300t grain (2005 crop) at mortgage prices.
It is to be reminded, Agrarian Fund should acquire in total 1 million tons 2005 grain.
Cabinet plans to purchase in total over 5 million tons new crop grain, with 1 million tons to be bought through State Reserve, 2 million tons through Bread of Ukraine and 1 million tons through Agrarian Fund (at mortgage prices).
Government expects regions will purchase 1.5 million tons grain for their own needs.
2005 grain crop totaled 38 million tons (down against 41.8 million tons in 2004).
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