KYIV. Aug 3 (Interfax-Ukraine) – PJSC State Food and Grain Corporation of Ukraine, as part of its program of spot purchases, has acquired about 545,000 tonnes of grain from farmers for UAH 1.8 billion.
According to a post on the company’s website, since the beginning of the new marketing season it has purchased around 108,000 tonnes of wheat, more than 182,000 tonnes of feed wheat, about 250,000 tonnes of barley and more than 5,000 tonnes of other crops (maize, rapeseeds) on the domestic market under spot contracts.
“Active spot purchases, primarily from agricultural producers, are aimed mainly at providing the trade and export activities of the corporation, as well as downloading its processing enterprises with raw materials,” corporation deputy head Denys Polezhayev said.
According to him, the corporation is conducting procurement in 16 regions. At present, 360 contractors cooperate with the corporation under spot agreements.
