Ukraine rules out grain export quotas minister.

By bne IntelliNews September 24, 2012
Ukraine rules out grain export quotas, announced Agriculture minister Mykola Prysiazhniuk. Prysiazhniuk stressed that compared to the current situation in 2010, when quotas were introduced the state had not enough grain in the intervention fund, while at the moment, the government has accumulated 25% of the internal need in the intervention fund. The state is ready to ensure the food security not by restrictive, but purely market methods, the Ukrainian Minister emphasized. As of September 21, agricultural enterprises have harvested 29.9mn tonnes of grain and leguminous crops. Grain and leguminous crops were harvested at 11.2mn hectares (75% of the plan) with the average yield of 26.7 centners per hectare. At the same time, agrarians have trashed 131,000 hectares of millet (79% of the plan), having gathered 154,000 tonnes of with the yield of 11.8 centners per hectare, and also 199,000 hectares of buckwheat (71% of the plan), having gathered 193,000 mn tonnes with the yield of 9.7 centners per hectare.

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