Ukraine forecast will sow more buckwheat, but groats will become more expensive

게시됨 2021년 4월 30일

Tridge 요약

Ukrainian farmers are planning to sow around 80,000 hectares of buckwheat in 2021, up from 77,000 hectares due to government subsidies. The cost of buckwheat may rise to UAH 80 per kilogram if the planned sowing volume is met, otherwise, prices may increase gradually. However, the expert does not anticipate a decrease in buckwheat prices for the new harvest, and expects cereal prices to rise, potentially reaching UAH 80 per kilogram by the end of the year. Japan is the world's largest importer of buckwheat.

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원본 콘텐츠

Ukrainian farmers in 2021 plan to sow about 80 thousand hectares of buckwheat. In the past - there were 77 thousand hectares. This was stated by the executive director of the International Buckwheat Association Serhiy Gromovy in an interview with Gazeta.ua. "Sowing will begin on May 1, because the spring is cold. We hope that farms will increase in volume after learning about government subsidies (3.5 thousand UAH per hectare). If you get at least 150 thousand hectares, then groats in stores will fall in price to UAH 30. If the planned 80,000 hectares remain, buckwheat will gradually become more expensive. The cost can reach UAH 80. The price is already UAH 60 ... ", the expert believes. Serhiy Gromovy assures that there are no preconditions for cheaper buckwheat for the new harvest. "Cereals can only become more expensive. Stocks are very small. Producers hold buckwheat because they understand that it is a valuable commodity. It is difficult to ...

출처: AllRetail.ua