An Expert Explained How to Prevent Bread Price Increases

A memorandum between the VAP, Ministry of Agrarian Policy, grain producers, and flour millers is not working, causing bread prices to rise. This was stated by the president of the All-Ukrainian Association of Bakers (VAP) Oleksandr Taranenko, writes interfax.com.ua. "The memorandum is a document for which no one bears legal responsibility. Moreover, VAP and the 'Flour Millers of Ukraine' union were against the volumes specified in the memorandum. We refuse to sign this memorandum because the arguments of processors are not taken into account. This leads to the export of very large volumes of food grain, which significantly affects domestic bread prices," Taranenko noted. According to him, VAP insists on distinguishing between food and feed grain when recording grain export volumes. At the beginning of the harvest, with the first wave of exports to foreign markets, a lot of food wheat is exported, which causes domestic bread prices to rise. If in spring 2024 the cost of 1 ton of ...