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26-04-2003, 01:22 PM
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ξΑ: Wheat prices
Larry Caldwell wrote in message ... In article , writes: What do you mean? Don't be too upset, Yuriy. Many people in the USA have no idea what has been happening in your country. When they think of Ukrainian wheat, they think of Nikita Kruschev riding to power on the wheat harvest of the Ukraine. The agricultural press here in the USA is very impressed with this year's wheat crop in the Ukraine. Harvesting the largest crop in history indicates that Ukrainian agriculture has made a giant transition to free market agriculture, at a time when the world badly needs wheat for the export market. if it needs wheat so badly why on earth is it so cheap. Because of the drought and crop failure, even the USA will be importing some wheat this year. Yes, from the UK because it is cheaper to ship wheat into Carolina from the UK than buy in Maize from elsewhere in the US. Congratulations to your countrymen on this successful year, and tell them to enjoy it while it lasts. The combination of a bumper crop and high prices only happens two or three times in a lifetime. except that the Ukraine isn't getting high prices, they are getting stitched up good and proper, which is massively undercutting the world wheat market. I think what is wanted is the Ukranians to get some organisation behind their marketing to bring that into line with their skill in growing. That way we would all make more money -- Jim Webster "The pasture of stupidity is unwholesome to mankind" 'Abd-ar-Rahman b. Muhammad b. Khaldun al-Hadrami' |
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