UNPRECEDENTED HIGH LEVEL OF CORN CROP EXPECTED IN ARMENIA IN 2007
ARKA News Agency, Armenia
Aug 6 2007
YEREVAN, August 6. /ARKA/. Unprecedented high level of corn crop –
450ths tons, more by 230ths than in 2006 – is expected in Armenia in
2007, said Head of Plant Selection and Protection at the Ministry of
Agriculture Garnik Petrosyan.
He said that last year the slump in corn crop made 180ths tons, and
this year, the opposite, good harvest is forecasted, especially in
Shirak region.
"According to preliminary estimations, crop capacity may make 25
centners from one hectare, which is a very serious index," Petrosyan
said.
He said that good harvest is expected in sub-mountainous and
mountainous regions of the country.
"Climatic conditions, in particular, high humidity and positive rends
in the seed delivery contributed to that," Petrosyan said.
He said that taking into account that the demand for seed in the
country makes 600-650ths tons, respectively, the import reduced as
much as the harvest in the country increased.
"The analyses of the recent years have shown that the volumes of
own crop production do not have significant influence on the market
prices for crops. For example, three years ago, when the gross corn
crop made 450ths tons, purchasing price for wheat made AMD 120-140 for
1kg, and this was in conditions of record-breaking harvest," he said.
Petrosyan said that in the subsequent period, slump was recorded, and
the price for wheat fluctuated within AMD 65-85. "Thus we come to the
conclusion that the size of the inner production has no significant
influence on pricing. In general, price is formed under the influence
of price for the imported corn," Petrosyan said.