SOVIETS TO HIKE PRICES PAID TO GRAIN FARMERS

SOVIETS TO HIKE PRICES PAID TO GRAIN FARMERS

Soviet state newspaper Pravda Tuesday reported that domestic grain prices for the 1990 Soviet harvest will be raised sharply, in some cases being roughly double last year's prices.

The new prices will be paid by the state to all agricultural enterprises in an effort to bring in higher-quality grain, Pravda reported. The higher prices are intended to create new incentives for enterprises to sell to the state, the paper added.First-class soft wheat will now be bought by the Soviet Union for 500 rubles a metric ton, up from 260 rubles. Second-class soft wheat will be bought for 400 rubles a ton, previously 205 rubles. Third-class soft wheat will be bought for 300 rubles, up from 181 rubles.

Among other grains, the new price for rye will be 300 rubles a ton, previously 194 rubles; for rice it will be 700 rubles, up from 423 rubles; for oats 340 rubles, up from 292 rubles; and for barley 380 rubles, from 162 rubles previously.