This year farmers invested 1900 UAH in one hectare of land

07.08.2013

This year Ukrainian farmers have invested in 1 hectare of land 300 UAH more than last year. These funds were spent also on technical re-equipment and the purchase of highly productive seed. And currently the government is making every effort so that farmers without problems could raise the necessary money. That was announced on the broadcast of channel BTB by the Minister of Agrarian Policy and Food Mykola Prysyazhnyuk.

"This year Ukrainian farmers have invested 1900 UAH in 1 hectare of land, which is 300 UAH more than last year. This indicates that agricultural producers have realized the need to invest money in technical re-equipment, the purchase of fertilizers, high quality seeds, etc. As in the end they will get a much higher income. Therefore, in order to make the funds available for the farmers the government takes a range of measures, "- said the Minister.

Mykola Prysyazhnyuk stressed that in Ukraine there is already working a mechanism of warehouse receipts, there continues work with banks to reduce the cost of loans, the Land Bank is being prepared for the opening. Grain traders should also contribute to this work.

"Today it is very important that grain traders financed not only the purchase of ready for sale grain, but also the future harvest. For that purpose Ukraine is preparing a draft law on protection of investments in the agricultural sector ", - said the Minister.


minagro