Russia: Ministry of Agriculture published the decree to raise the minimum purchasing prices for grains

Source

APK-Inform

3037

On December 22 the Ministry of Agriculture of Russia published the decree #514 dd. December 18, 2014, "On amendments to the decree of the Ministry of Agriculture of Russia #94 dd. March 26, 2014”, which increases the minimum purchasing prices for 3-, 4- and 5-grade wheat during interventional grain trading operations.

According to the decree, the minimum purchasing price for 3-grade wheat increased from 6750 RUR/t to 10`100 RUR/t in the European part of Russia, and from 6400 RUR/t to 10`000 RUR/t - in the Asian part.

As for the minimum price for 4-grade wheat, the index in the European part of Russia increased to 9300 RUR/t, the Asian part - 9200 RUR/t; 5-grade wheat - 9000 RUR/t and 9100 RUR/t, respectively.

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