Lang
The Ukrainian government has announced a temporary adjustment to the minimum allowable export prices for certain agricultural products, specifically grains and oilseeds. This measure, confirmed by Prime Minister Serhiy Koretsky, is designed to prevent a halt in exports and provide crucial support to producers amidst escalating logistics costs and a decline in domestic purchase prices.
Prime Minister Koretsky explained that the previously established minimum prices had become economically unviable for concluding new contracts, largely due to the surge in transportation expenses and the concurrent fall in internal market values. He characterized this decision as the 'first step of an emergency support package for farmers' battling challenges exacerbated by Russian aggression in the Black Sea.
The temporary price adjustment aims to 'unblock the ability for producers to sell and export their products,' according to Koretsky, marking a practical step agreed upon with industry representatives. This initiative is expected to facilitate trade and ensure the continued flow of Ukrainian agricultural goods to global markets.
Beyond immediate export adjustments, the Prime Minister has also directed an urgent effort to develop a comprehensive plan for enhancing the processing of Ukrainian agricultural products. The objective is to significantly increase the volume of goods manufactured and processed within Ukraine itself, adding greater value domestically. The Ministry of Agrarian Policy is closely monitoring the situation daily and stands ready to implement further necessary decisions as circumstances evolve.
Source: Українські Національні Новини (УНН)