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Old 16-04-2003, 09:44 AM
Jim Webster
 
Posts: n/a
Default 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'