News

Due to the ban on the import of Ukrainian grain to neighboring countries, the price of bread in Ukraine will not decrease

Bakery & Bread
Published Sep 21, 2023

Tridge summary

Ukrainian farmers are unable to benefit from price fluctuations in the global market due to the presence of last year's residues and export restrictions on grain and oilseeds. This has caused distortion in pricing, resulting in increased costs for farmers, transporters, and processors. In addition, the import ban on Ukrainian agricultural products means that Ukrainian farmers will miss out on opportunities to take advantage of fluctuations in food prices on international platforms.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Also, Ukrainian farmers will not be able to take advantage of price fluctuations on the world market in order to make money. Pavlo Koval, general director of the Ukrainian Agrarian Confederation, told about this at a briefing in the Ukraine-Odesa Media Center. He noted that the price of grain and bread is affected by the presence on the market of last year's transitional residues and the complicated movement of grain and oilseeds of the new crop due to export restrictions. "This "distorts" pricing. However, it can be said for sure that there will be no issues regarding Ukraine's food security. But the price of bread will not fall either... Other components of this price for farmers, transporters and processors have increased in price," the expert said. He also added that if the problems related to the ban on the import of Ukrainian agricultural products are not resolved, Ukrainian farmers, unlike Polish, Bulgarian, Romanian and Russian farmers, will not be able to take advantage ...
Source: Agroconf
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