There is no reason for considerable price rise for bread, said President Viktor Yanukovych in an interview in Velyki Sorochyntsi.

"There will be a relative price stability on the grain market," he said.

The President also said there could be slight fluctuations of bread prices, but assured that the government will do everything possible to prevent that.

Yanukovych said that the wheat harvest of about 40 million tonnes was expected in Ukraine this year, including about 17 million tonnes of bread wheat.

He said that around six million tonnes of wheat was required for annual consumption in Ukraine.

"We have set a task to buy one million tonnes of bread wheat for the state reserve. We have currently bought about 800,000 tonnes. And 1.5 million tonnes will be purchased for the regional funds," he said.

Yanukovych noted that this was nearly a five-month reserve of grain.

"We have no grounds to say that Ukraine will be without bread. Our country will have bread," he said.

Yanukovych said that the authorities were trying to set prices of grain this year at a level ensuring that "farmers could earn something."


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