Russia: Ministry of Agriculture set the minimum grain purchasing prices for the public intervention fund

Source

APK-Inform

7234

The Ministry of Agriculture of Russia set the minimum purchasing prices for the public intervention fund on grains of the harvest-2015. On April 1, Nikolai Fedorov, Minister of Agriculture, signed the corresponding decree "On determination of the threshold levels of minimum prices for grains of the harvest-2015 within the public purchasing interventions in 2015-2016".

In particular, the purchasing prices for 3-grade soft milling wheat will reduce to 9700 RUR/t in the European part of Russia and 9500 RUR/t in the Asian part, against the current level of 10100 RUR/t and 10000 RUR/t, respectively.

The minimum purchasing prices for 4-grade soft milling wheat will reduce to 8900 RUR/t in the European part of Russia and 8700 RUR/t in the Asian part, against the current level of 9300 RUR/t and 9200 RUR/t, respectively.

The minimum purchasing prices for 5-grade soft wheat will decrease to 8600 RUR/t in the European part of Russia and 8400 RUR/t in the Asian part, against the current level of 9000 RUR/t and 9100 RUR/t, respectively.

At the same time, the minimum purchasing prices for other crops (which are set at the single level in all subjects of the Russian Federation) will increase: A-group milling rye - 6400 RUR/t, against the current level of 5100 RUR/t, feed barley - 6500 RUR/t, against the current level of 5150 RUR/t, 3-grade corn - 6900 RUR/t, against the current level of 5600 RUR/t.

The decree comes into force on July 1, 2015, and is valid until July 1, 2016.

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