Information for fruit and vegetables business in CIS
New crop sunseeds mustn't be cheap
The Ministry of Agricultural Politics is troubled by the questions of par work of agricultural producers and processors not only at grain but also at sunseed market. For example, the Ministry aspires to prevent prices on sunseeds from falling lower than the level of 800 hryvnyas per ton. This question is very important because with the help of income from selling of sugar beet and sunseeds it's assumed to put off the selling of grains and prevent prices from decreasing at the grain market.
It's important to say that there are grounds for holding relatively high prices at sunseed market, and it was mentioned earlier. Specialists of the Ministry explain high prices by prospects of receiving relatively small sunseed crop and possibility of duty free export under free trading regime.