... in response to ukraine food crisis, posted by FLASH2D on Jun 24, 2003[This message has been edited by Philb]
This website had a series of articles on this. Here is the link.
http://www.ukraine-observer.com
From what I can gather it does not appear that there is an actual shortage at the present time just wild speculation based on projected grain harvests. I wouldn't be surprised if there was not a criminal element behind this. This would not be unusual for Ukraine.
AZAROV DIRECTS MINISTRIES OF AGRICULTURAL POLICY AND ECONOMY TO STABILIZE SITUATION ON FOODSTUFFS MARKETS
While opening the meeting of the Cabinet of Ministers on Wednesday, First Deputy Prime Minister Mykola Azarov directed the Ministry of Agricultural Policy and Ministry of Economy to take immediate measures for stabilizing the situation on the markets of flour, pastas and cereals.
“The Ministry of Agricultural Policy and the Ministry of Economy should immediately provide plans of such measures and plan of necessary procurements,” Azarov said.
He assured that in the nearest time the Cabinet of Ministers would provide procurement of necessary products to satiate the market.
As Ukrainian News earlier reported, starting from June 18-19, prices for flour, pastas and cereals started growing intensively in the retail network in all regions of Ukraine as a result of sharp increase of demand for these products on the part of the consumers.
In the last few days price of pastas, buckwheat and flour has increased for bout 30% compared with prices in the end of May, and they continue growing.
According to the market participants, average retail price of pastas throughout Ukraine as of June 24 was UAH 2.7-3 per kilogram, buckwheat was sold at UAH 4.5-6 per kilogram, flour was UAH 2.5 per kilogram.
Grain harvest in 2003 is forecasted at the level of 23-27 million tons, in contrast with 38.8 million tons in 2002.
The need of domestic market in food grain constitutes 7 million tons annually.
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