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In Ukraine, it is necessary to create not a grain, but a cash reserve – minister

Ukraine has had a surplus of grain over the past 20 years, so there is no need to form a State Grain Reserve. It is expedient to accumulate not a grain, but a monetary reserve.

About this in interview Minister of Agrarian Policy and Food of Ukraine Mykola Solsky told Ukrinform.

“In the classical sense, the State Reserve is not a primary goal for us. The state reserve is needed to protect ourselves in case there is no grain in the country… We live in a country that constantly has a surplus of grain, so our task is different – to make a reserve in money, not in grain,” Solsky said.

The minister also noted that the United States has been using a different approach for several decades – they are accumulating money, because they always have a huge grain surplus, so they see no reason to spend time and money on creating some additional reserve.

Read like thissame: FAO has announced a tender for the purchase of grain storage facilities in Ukraine


According to yoga words, Ukraine lives with a surplus of grain for the rest of 20 years.

According to him, Ukraine has been living with a grain surplus for the past 20 years.

As reported, in Istanbul, following the results of the quadripartite meeting of Ukraine, Turkey, the UN and Russia on July 22 an agreement was signed under which the export of grain will be carried out and food from the ports of Ukraine.

Since the signing on July 22 of the Initiative for the export of grains and related foodstuffs by sea, preparation of the ports “Odessa”, “Chernomorsk” and “Yuzhny” to resume work. Vessels will enter and leave them by forming a caravan, accompanied by a leading vessel.

July 23 enemy attacked the Odessa Sea Trade Port with cruise missiles of the Caliber”. Two missiles were shot down by air defense forces, two more hit the infrastructure of the port.

Read like thissame: Blinken will talk with Lavrov about the export of Ukrainian grain


The United States and the rest of the world are counting on Russia to honor its agreements to export Ukrainian grain. President of Ukraine Volodymyr Zelensky said that the more Ukrainian grain there is on the world market, the more stable the situation for partners will be, and, consequently, the more effective is the joint counteraction to the terrorist state of Russia.

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