Into the hands of Ukrainian producers played a poor harvest in India. For the first time in six years this country will become a net importer of wheat. In addition, its population is growing faster than the production of this crop.

The past year has been very productive in the United States, Ukraine, Russia and the EU. World grain production rose 4 percent, to 2.06 billion tons, ascertain in the Ministry of agriculture of the United States.

However, world grain prices this season have fallen to record lows over the past 10 years. Reasons for low oil prices and large carryover of grain.

For four months of the current marketing year we farmers on the external market is 12% more grain than a year earlier. Therefore, in contrast to international, domestic grain prices rose slightly. Besides waiting for the best deals many farmers are holding grain to the Elevator.