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2005 grain production was loss-making in 12 regions
29.03.2006 11:20 "Agro Perspectiva" (Kyiv) —
2005 grain production was loss-making for 12 Ukrainian regions; these regions grain production profitability ranged within 7% to 0.5%, reported State Statistics Committee referring to agricultural companies financial-economic activity 2005 preliminary results.
As to State Statistics Committee, 2005 total Ukrainian grain production profitability was 3.4% (down against 20.1% in 2004).
Reportedly, Oleksandr Baranivskiy, Minister of Agrarian Policy, had earlier declared 2005 grain production would be loss-making for 54% domestic agricultural companies, while total Ukrainian grain production profitability would decline to 17.2%.
As earlier reported, 2005 grain crop totaled 38.015 mn MT (down against 41.8 mn MT in 2004).
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