Bloomberg News

Ukraine Reaped More Than 3 Million Tons of Grains, Azarov Says

July 04, 2012

Ukraine farmers reaped more than 3 million metric tons of grains to date and are expected to harvest between 46 million and 47 million tons this year, Prime Minister Mykola Azarov said.

“There will be enough grain to meet domestic needs, to guarantee stable prices for bread and export grains without any restrictions,” Azarov said today at a weekly government meeting in the capital Kiev.

Ukraine had a record harvest of 56.7 million tons last year due to favorable weather conditions and it exported 22.5 million tons in the marketing year that ended July 1, according to the country’s Agrarian Confederation.

Farmers in Ukraine harvested 39.3 million tons two years ago, which prompted the government to impose export quotas from July 1, 2010 to June 30, 2011 to avoid domestic shortages.

To contact the reporters on this story: Kateryna Choursina in Kiev at kchoursina@bloomberg.net; Daryna Krasnolutska in Kiev at dkrasnolutsk@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net


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