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Agrarian Fund to buy 3 class wheat at UAH1,251 per MT up to mortgage scheme
30.07.2009 08:12 "Agro Perspectiva" (Kyiv) —
While opening Jul 28/09 “hot line” phone talks with agrarian sector representatives, Premier Yuliya Tymoshenko declared Agrarian Fund is ready to purchase 3 class wheat from agrarians at UAH1,251 per MT. “Grains mortgage price is 60% of current market price,” stated Tymoshenko. While making grains mortgage sales to Agrarian Fund, agrarians remain grains owners and can repurchase it within 2-3 months to sell at higher prices, admitted Premier. Besides, Tymoshenko declared 2009 crop main grains minimal purchase prices. Thus, Ukrainian authorities are ready to purchase 1 class wheat at UAH1,501 per MT (2 class wheat − UAH1,418 per MT, 3 class wheat − UAH1,251 per MT, 4 class wheat − UAH1,134 per MT and 5 class wheat − UAH967 per MT). Rye minimal purchase prices are: 1 class − UAH1,112 per MT, 2 class − UAH1,016 per MT and 3 class − UAH882 per MT. Barley minimal purchase prices are: 1 class − UAH1,050 per MT, 2 class − UAH1,015 per MT and 3 class − UAH900 per MT.
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