July 25, 2008
 
Expert urges for investment in beef, pork in Ukraine
  
  

Ukraine should finance the pork and beef production sectors in order to help propel the country into exporter status, according to the chairman of VR Committee on Agrarian Policy and Land Relations Mykola Prysiazhniuk.

 

Ukraine has given strong financial support for poultry meat sector but not for pork and beef production sectors, which shows the government's policy is ill advised and inconsistent, Prysiazhniuk said.

 

Ukraine has also failed to put an end to meat deficit by reducing custom tariffs.

 

"Presently, there is not a constant and well thought-out system of the livestock growing sector rehabilitation. There are fluctuations from one side to another. The government should clearly determine: how the branch will develop and what mechanisms will be involved", Prysiazhniuk said.

 

Prysiazhniuk added that it is necessary for Ukraine to return to the volumes of meat production in 1991 and to enter the global market.

 

According to the State Statistics Committee, Ukraine's meat and byproduct exports fell by 17.5 percent in January-May 2008 on-year while imports skyrocketed by 99.6 percent.

 

Agricultural companies have reduced their number of livestock; cattle by 16.1 percent; pigs by 21.1 percent; and poultry by 10.5 percent. As for July 1, total number of cattle has dropped 10.1 percent to 6.1 million heads; pigs fall 19.3 percent to 6.8 million; while poultry increases by 3.3 percent to 205.6 million heads.

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