Sunday, June 3, 2007

Drought won't influence price boost for bread, Viktor Slauta believes

Agrarian Vice Prime Minister Viktor Slauta predicts no price boost for bread, resulting from drought, albeit 2007 crop, according to him, is expected at 20% to 30% less than planned.

Drought in May has resulted in resowing spring crops.

According to Deputy Agrarian Policy Minister Petro Verbytskyi, Ukraine will have sufficient amount of grain in 2007.

The Agrarian Policy Ministry predicted grain crop in 2007 at 38 M. tons, notably 17.7 M. tons of wheat, 708,000 tons of rye, 9.8 M. tons of barley, 7.2 M. ton of corn.