OREANDA-NEWS. February 12, 2013. Agricultural producers continue to ready to the spring field works actively. On the estimations of experts, agrarians are to spend around UAH 39 bln for the spring sowing campaign. So, in order to fulfill all the works in optimal terms, the agricultural producers will draw bank and commercial credits and will take part in forward purchases held by the Agrarian fund.

In order to successfully maintain the spring field works the agricultural producers are involved in purchase of seeds, fertilizers, means of plant protection, oil and fuel materials and readying equipment. For all these needs and payment of activity the agrarians will spend about UAH 39 bln, which is by UAH 1.3 bln more than last year. The growth of circulating assets was caused by successful export with agricultural production. However, in order to hold the spring sowing campaign the agrarians should draw additional UAH 8 bln.

The Ministry of Agrarian Policy and Food are well aware how to solve this situation. The biggest share of a half of the missing sum is planned to draw through bank and commercial credits – UAH 7.7 bln. The regional management bodies have already received a commission to stir up work with bank institutions in terms of crediting of agricultural enterprises for ensuring the spring field works.

In addition, the circulating assets in the amount of UAH 300 mln can be drawn with participating in forward purchase already started by the Agrarian fund. During the first quarter of 2013 the department planned to buy additional 700 thousand tons of grain.

“We are making every effort nowadays in order to qualitatively prepare for the sowing campaign and carry all the works in optimal agro-technological terms,” Minister of Agrarian Policy and Food Mykola Prysyazhniuk stresses.

It should be noted for now Ukrainian agriculture producers are provided 102% with seeds of spring crops. In addition, there have been purchased 644.5 thousand tons of fertilizers which is by 15% more than the same time last year and 8.9 thousand tons of means of plant protection. Readiness of tractors, on the average around Ukraine, amounts 91%, tillage and planting equipment – 94%.