Wednesday, September 29, 2010

Are Agricultural Prices Determined Locally?

According to this news, the Ukrainian government seems to think so...

"Azarov has informed that the program will provide for stabilization of prices for agricultural products, food security and setting up of the market infrastructure, vegetable storage facilities, refrigerators, wholesale markets and the renewal of cattle breeding.

"Construction and the agroindustrial complex, according to our plans, will be the driving force of the economic growth since 2011, since they are oriented at the domestic market and are immune to the foreign conjuncture," the Premier noted."

"Immune to foreign conjuncture" looks like a very optimistic statement to me, except of course, if you start using export and import quota...

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