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Ministry of Agrarian Policy to set 2005-grain mortgage prices UAH552/t
08.04.2005 08:25 "Agro Perspectiva" (Kyiv) —
Ministry of Agrarian Policy
considers optimal to establish 2005-crop grain mortgage prices 80% of 3 class wheat minimal prices (UAH690/t), proposed by Ministry of Agrarian
Policy, i.e. UAH552/t for 3 class wheat, reported on press-conference
Oleksandr Baranovskiy, Minister of Agrarian Policy.
As to Baranovskiy, it goes about mortgage prices with VAT
included.
«Yes, it is overhead price,» said Minister.
It is to be reminded, in 2004 Cabinet had established
2004-crop 3 class wheat mortgage prices UAH650/t (VAT excluded), with
prices effective within Jul 1, 2004 Mar 1, 2005.
Mortgage prices mechanism stipulates foodstuffs purchasing
in order to compensate agrarians production cost as well as to assure
minimal profit in case of market excessive supply.
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