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Ministry of Agrarian Policy to introduce 2007 sugar marking
03.09.2007 12:47 "Agro Perspectiva" (Kyiv) —
Ministry of Agrarian Policy has decided to establish Ukrainian sugar (2007 crop beet, A quota) marking, reported Yaroslav Gadzalo, Deputy Minister of Agrarian Policy on Ministry collegium regional session. As to Myckola Yarchuk, National Sugar Producers Association Ukrtsukor Chairman, sugar marking is stipulated by Law about sugar market State regulation. “There was no sugar overproduction in Ukraine within last few years and therefore we didn’t apply marking; as a result, marking has gradually lost urgency,” said Yarchuk. Ukrtsukor experts say 2007/08 MY sugar transitional reserves will total ≈ 1 mn MT. As to Agro Perspective earlier report, Ministry of Agrarian Policy improved its previous sugar production forecast (2007 crop beet) from 1.6 mn MT up to 1.7-1.8 mn MT. As to Ukrtsukor, Ukrainian sugar production (2007 crop beet) will total 1.3–1.4 mn MT. Earlier, Ministry of Agrarian Policy had lowered its 2007 sugar beet crop forecast to 16 mn MT (down against 22.2 mn MT in 2006).
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