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Azarov: Vegetable prices will be stable, yield exceeds demand in several times
09.10.2013 17:25 "Agro Perspectiva" (Kyiv) —
During a meeting of the Cabinet of Ministers on October 9, 2013, Ukrainian Prime Minister Mykola Azarov said that vegetable prices would be stable, because harvested vegetables’ yield (even as of today) completely satisfies the country’s internal need, Government Portal reporte.
«Once again I want to stress that the yield of potato and vegetables, even in this kind of weather, which temporarily suspended the collection, provides internal needs of the country. This means that prices will be stable. The boom in the market of vegetables, including potatoes, recedes: crop exceeded demand in several times,» Mykola Azarov stressed.
The September’s leap for potato prices to some extent was due to adverse weather conditions, but it was caused most of all by intermediaries will to use the situation to their advantage.
At the same time the Head of the Government said that the September’s jump for potato prices to some extent was due to adverse weather conditions, but it was caused mostly by intermediaries’ will to use the situation to their advantage.
The Prime Minister informed that the estimated total production of vegetables is at the level of 10.4 million tons in the fund consumption to 7.5 million tons, or 180 kg per person at a rate of 105 kg per year. Gross production of potato is over 21 million tons, of which consumption fund is of 6 million tons, or about 140 kg per person per year.
Mykola Azarov noted that within just last week (distinguished with a relatively favorable weather), almost 240 thousand tons of potato and vegetables had been laid for storage. In total, as of Oct 1, Ukrainian vegetables and potato storage facilities contained 1.3 million tons of vegetables (incl. potato - about 1 million tons). Azarov admitted the total capacity of the country vegetables and potato storage facilities is 1.7 million tons - what means that laying to storages will be continued.
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