Price Control

From the Law Firm ANK newsletter

"

We would like to inform you that on January 20, 2010 the list of the objects of the state price control had

been approved by the Decree №40 of the Cabinet of the Ministers of Ukraine. The period of the state price

control is determined as 2010-2011.

The list had been supplemented with new objects – dry milk and butter, which are not included to the list on

the present marketing year, and are subjects to the regulation from April 1, 2010 till December 31, 2010.

Yuriy Melnyk - Minister of Agricultural Policy of Ukraine had noticed that introduction of the state price

control under the milk products is connected, in particular, with necessity of prevention of summer price

collapse related to purchase of these products for state intervention fund.

Besides that to the list for 2010-2011are included: soft and hard wheat, grain mix of wheat and rye, winter

rye and spring wheat, barley, wheat flour and rye. State price control under the following goods is supposed

to be implemented from July 1, 2010 to June 30, 2011.

Granulated sugar (beet bin) and corn are also included into the list from September 1, 2010 to August 31,

2011 and October 1, 2010 to July 30, 2011

The Cabinet of the Ministers annually determines the list of the objects of the state price control, on which

minimal and maximal intervention prices are settled. In this case depending on the situation through the

Agrarian Fund is carried out purchase or sale of these objects.

Thus, in 2009-2010 marketing year objects of the state price control is soft and hard wheat, winter and

spring rye, barley, wheat flour and rye flour, granulated sugar (beet bin) and corn.

Full list of the objects of the state price control

In accordance with the Law of Ukraine on Agriculture State Support objects of the state price control are

such kinds of agricultural products (goods) as:

- Wheat firm;

- Soft wheat;

- Grain mix of wheat and rye (meslin);

- Corn;

- Barley;

- Winter rye;

- Rye spring;

- Peas, buckwheat;

- Millet

- Oats;

- Soya;

- Sunflower seeds;

- Rapeseed;

- Flax seeds;

- Hop cones;

- Sugar (beet bin);

- Wheat flour;

- Rye flour;

- Meat and offal of slaughtered animals and poultry;

- Milk powder;

- Butter;

- sunflower oil.

"