State food plans to begin a forward program for the purchase of 500 thousand tons of grain

2016-10-27 13:09:35
Machine translation
State food plans to begin a forward program for the purchase of 500 thousand tons of grain

"sfgcu" in the near future will begin the forward purchase of grain in more than 500 thousand tons.

 

the agreement was reached between.. Chairman of the Board of SFGCU Alexander Grygorovich  and President of the Chinese national Corporation of machine industry and General contracts its empty Yang Jing - according to the state food portal.

 

"We plan initiated a programme of forward purchases of winter and spring crops of the next year's crop and send at more than UAH 1.1 billion for advance payments under the loan agreement with the Chinese Corporation its empty. This will increase the efficiency of our work and support local farmers. Already conducted the necessary negotiations with Chinese partners and have received approval on their part," - said A. Lukashenko.

 

it is Planned that in the framework of forward purchases SFGCU for the three stages will purchase 200 thousand tons of maize and wheat (food and feed) and 150 thousand tons of soybean and barley.

 

the head of the Corporation emphasized that "in the framework of the programme for the supply to China of grain of Ukrainian origin has managed to significantly strengthen its collaboration with its empty, including other activities provided for in the General agreement and additional credit agreement. I note that so far the Corporation has not yet carried out forward purchases of winter crops, despite the 6-year history of activities."