Sunday, 17 October 2010

Ker-ching #2

I previously mentioned the governments directive that growers will have to supply some of their wheat to the government for “food security”. Here’s some figures on the subject.

We have been asked to supply 100MT of milling grade wheat for which we will be paid 1,300UAH per MT.

Current domestic market value is 1,500UAH per MT.

Loss to the grower = 20,000UAH or 1,500GBP or 2,500USD.