October 15 2007, 09:09

In 2007 the most dramatic decline of vegetable production in 8 recent years is forecasted in Ukraine - "Agrooglyad: Vegetables and Fruits"

The updated Production and Price Forecast for fruits and vegetables in the season 2007/08, prepared by the analysts of "Agrooglyad: Vegetables and Fruits" weekly, proves that vegetable production (excluding potato) may decline 13% in 2007.

"This is the record decline of the volumes of vegetable production for the recent 8 years in Ukraine", Andriy Yarmak, the Head of "Agrooglyad: Vegetables and Fruits" project says. "Vegetable production has been performing the stable growth trend in recent years; the annual increase amounted to 7%. Vegetable production declined 1% just once during this period - in 2001", the expert continues.

To the opinion of A. Yarmak, the main reason of the reduced vegetable production in 2007 was the unfavorable weather conditions. And, to the addition, we witness now the reconsideration of this business connected to the market saturation and the need to transfer from the production pattern to the marketing pattern of the market. The serious changes are observed now not only in production, but also in the processing, trade spheres, as well as in the sphere of inputs and equipment supplies.

The annotated version of Production and Price Forecast for fruits and vegetables in the season 2007/2008 will come out in the next issue of "Agrooglyad: Vegetables and Fruits" journal. You can order the full version for UAH 2000 (for subscribers) and for UAH 2200 (for those who are not subscribed for the journal). Those companies, which purchased the first forecast in 2007, will get fall forecast with 50% discount. You can order the forecast via e-mail: [email protected].

The tentative forecast for fruit and vegetable prices in 2008 will be traditionally presented by the journal experts during the fourth international conference "Fruits and Vegetables of Ukraine 2007. Meeting New Leader", to be held on December 4th-6th 2007 on the territory of the National Complex "Expocenter of Ukraine" in Kyiv. To participate in the event, you can fill in the online registration form.