The state joint-stock company "Khlib Ukrainy" has stopped export grain shipments. A company representative explained this decision by the political instability in the country, reports "Ukrainian News." \n \n"Khlib Ukrainy" had exported 200,000 tons of grain crops from this year's harvest since the beginning of the 2004-2005 marketing year. \n \nEarlier, "Khlib Ukrainy" announced plans to export 1 million tons of new-harvest grain in the 2004/2005 marketing year, including 600,000 tons of that volume by the end of 2004. \n \nUkraine (in particular, "Khlib Ukrainy") wants to begin exporting premium-grade flour to Russia and Belarus at the end of 2004-early 2005, and furthermore in the 2005/2006 marketing year to establish exports of wheat to China, and wheat, flour, and groats to Algeria and Libya (as well as to build several elevators there). \n \nThe Ministry of Agrarian Policy improved its forecast for exports of new-harvest grain crops by 22.2%-33.3%, or by 2-3 million tons to 11-12 million tons. \n \nIn 2003, due to a poor harvest, grain exports decreased by 68.3%, or by 8,307 thousand tons compared to 2002, and amounted to 3,861.21 thousand tons worth 2.30 million. \n\n"Khlib Ukrainy" was created in 1996; it includes 125 subsidiary enterprises, 80 of which are production-purpose. \n\nThe capacities of "Khlib Ukrainy" are designed for storage of 7 million tons and processing of 4 million tons of grain; the company also owns two port elevators (Odesa and Mykolaiv).
Khlib Ukrainy has stopped grain exports due to political instability
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