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GISMETEO.RU
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Business    

Grain price drop will slow only after harvest, says trade group
Journal Staff Report

KIEV, July 10 – The fall in grain prices in Ukraine that gained speed as newly harvested grain started to be shipped will slow only after the active phase of the harvesting campaign is over, say experts of the Ukrainian Club of Agrarian Business (UCAB).

"The situation on the market will improve only after the active harvesting stage is over, when farmers' demand for working capital decreases. But even that relatively short span of unfavorable prices might trigger a steep decline in agri-businesses' revenues," reads a UCAB announcement.




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