You're reading: Azarov: Grain harvest losses in Ukraine estimated at 8 million tons for this year

Zaporizhia - Grain losses in Ukraine this year might reach 8 million tonnes, the country's Prime Minister Mykola Azarov told journalists during a working visit to Zaporizhia on Thursday.

“Speculators have raised their heads but, despite the forecast high
price for grain this year, prices for bread, milk, butter and other food
products in Ukraine won’t increase unlike the situation with the poor
harvests in 2003 and 2010. The state has large food and grain reserves,
which will support the Ukrainian market,” he said.

Ukraine’s Ministry of Agricultural Policy forecasts the country’s
grain harvest this year at 45.3 million tonnes. Expert and official
forecasts have been adjusted several times because of unfavorable
weather conditions such as drought and anomalously high temperatures.
Ukraine’s grain harvest was a record 56.7 million tonnes in 2011.

According to Azarov, the grain harvest in Zaporizhia region decreased
this year by 800,000 tonnes to 1.4 million tonnes from 2.2 million
tonnes last year.

He added that prices for bread and other food products in Ukraine will remain stable.