Due to uncontrolled grain exports of Ukraine, prices for agricultural products will increase
Ukraine
Published Jan 25, 2022
Tridge summary
Against the background of rising energy prices due to mass exports of grain, state reserves are almost devastated. This was announced by NAAS Vice President, Academician Anush Balyan, UBR reports. It will be recalled that more than 36 million tons of grain and legumes have been exported from Ukraine so far. According to the expert, mass export continues, and therefore, producers are forced to buy fodder grain, which will affect the quality of social bread.
Original content
"Mass grain exports took place against the background of the military threat, despite the necessary reserves in state reserves. Now we have to buy flour abroad, made from Ukrainian grain. What prices for bread can we expect when high-quality wheat and rye are sold and we import flour? ”Commented Anush Balyan. Read also: Turkey bought food wheat in Ukraine through a tender According to her, uncontrolled exports of domestic grain will lead to higher prices for agricultural products. Valery Klochok, a political and economic analyst and expert at the Growford Institute, agrees. He also notes that against the background of the need to buy flour, Ukraine will face its seasonal rise in price, because every spring the prices for this type of product are steadily rising. Anush Balyan noted that exports are indeed an important source of foreign exchange earnings to the budget, but its volume should be controlled. "Last year, we increased exports of agricultural products by 25% to almost $ ...
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