Agrarian Fund of Ukraine stocks 2.4 mln tonnes of grains

The Agrarian Fund of Ukraine stocks 2.4 mln tonnes of grains, including the volumes given to agrarians as collateral for receiving of budget lend, declared Yuri Lusan, the First Deputy Minister of Agrarian Policy of Ukraine, on November 6. Such grain volumes will completely cover realization of interventions during the whole marketing year.

As a reminder, the Agrarian Fund was founded by the decree of the government #543 dd. July 6, 2005. The Fund is the authorized governmental institution established for realization of the price policy in the agro industrial sector of Ukraine, and belongs to the administration sphere of the Ministry of Agrarian Policy.

In the current year, the Fund provides forward grain purchases, spot grain purchases, provides lend to agrarians on grain securing, sells sugar, flour and diesel fuel and etc.

Source: AgriMarket.Info