Government to decide about wheat exports quotation

14:37, 30 March 2007
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After consultations with bakers

According to Director General of "Nibulon" Ltd Aleksey Vadaturskiy, Cabinet of Ministers of Ukraine will decide about wheat exports quotations after consultations with representatives of baker`s industry, according to APK-Inform.

      Vadaturskiy supposes that Government has the wish to cancel quotas or increase thier volume.

      In addition, they discussed information as for forecast of prices for grain considering world prices. According to Director of "Nibulon", today favorable price situation is typical for world market, and by July we may expect for increasing of minimal price for 3-grade wheat to 670 - 700 UAH/t. 

      According to A. Vadaturskiy, in case if export has been closed, we would receive the largest ending stocks for the last 8 years - about 3 mln tons.

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