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

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 ...