government could not increase subsidies to farmers for sowing of sugar beet. Cabinet yesterday decided to keep them at last year's level - 750 UAH per hectare of crops. These funds are not sufficient to offset the costs of cultivation of rice and its cultivation area will remain at the level of last year, say market participants. Thus, by mid-2010 in Ukraine will be shortage of sugar in the amount of about 600 thousand tons, increasing prices in the country's dependence on world prices, which will grow until 2011, experts say.

yesterday at a government meeting it was decided to allocate 219 million from the stabilization fund UAH subsidies to producers of sugar beets, said Minister of Agrarian Policy Yuriy Melnyk. Grants will be distributed at the rate of 750 UAH per hectare of crops. It does not exceed the level of last year, - noted the chairman of the association Ukrtsukor Nicholas Yarchuk.
The government subsidizes sugar beet crop from last year because of the outbreak in 2006, reducing their areas. Then, as a result of overproduction of sugar in the country, its prices have fallen sharply declined and the purchase prices for beets.

At the same time in 2007/2008 increased purchase prices for grain, the profitability of cultivation of which reached 100%, and beets - no more than 30-40%. As a result, farmers have reduced the area under sugar beet and grain crops expand, say market participants. With the help of grants last year to stop the reduction of the areas under sugar beet could not - they dropped from 584 thousand hectares in 2007 to 333 thousand hectares in the past.

Isolation of government subsidies at the level of 750 UAH /ha per year did not lead to a significant increase in planted area of sugar beet - confident chairman Sugar Union Ukrros Alexander Fedorenko .- We and other large agricultural holdings to increase them in accordance with previously approved plans, but most farmers will not do. According to Mr. Fedorenko, beets - the culture is more costly than grains, investment per hectare of crops which do not exceed 2,5-3 thousand UAH.

Investment is a growing beets with an average yield for Ukraine 310-320 kg /ha of at least 5 thousand UAH, - he adds. This year the area under sugar beet in Ukraine will remain at the level of last year, - predicts Mr. Yarchuk.

This means that the volume of sugar production in 2010 in Ukraine will not exceed the amount of this year, which in association Ukrtsukor projected at 1.5 million tons, with consumption in the domestic market 2-2,2 million tons By the middle of next year in Ukraine will be sugar deficit of about 600 thousand tons and in 2011 it will be even more significant, - said the director of consultancy AAA Sergei Infusion.

According to him, on the domestic market deficit of sugar will be replaced by the supply of raw sugar from the WTO member states and Belarus, which would make Ukraine even more dependent on rising world prices for crude. Recall that in August the price of sugar on the London Stock Exchange rose to a maximum level in 20 years - $ 498.7 /t. Experts then predicted that the rise in world prices for raw sugar will continue until 2011.

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