Agrinews

November 6 2012, 16:10 Source: APK-Inform Views: 436

On November 6, Russia sold 59 thsd tonnes of intervention grains

As of November 6, 2012, there were accredited 127 participants from Arkhangelsk, Moscow, Leningrad, Belgorod, Ryazan, Tula, Lipetsk, Tambov, Kursk, Rostov, Volgograd, Saratov, Orenburg, Novgorod, Chelyabinsk, Kurgan, Kemerovo, Tomsk, Irkutsk, Novosibirsk and Omsk oblasts, Altai, Krasnoyarsk, Khabarovsk, Stavropol, Krasnodar Krais, Moscow and St. Petersburg cities of the Russian Federation to participate in the exchange trades with grains under the public commodity interventions.

On the reporting date, JSC United Grain Company provided regular exchange trading with interventions grains. The intervention fund put up 64.935 thsd tonnes of grains for exchange commodity trading, including: 3-grade wheat - 54.135 thsd tonnes, 4-grade wheat - 10.8 thsd tonnes.

The trading volume of transactions totaled 59.67 thsd tonnes of grains at the sum of 474 mln RUR, including 48.87 thsd tonnes of 3-grade wheat at the sum of 386.8 mln RUR, 10.8 thsd tonnes of 4-grade wheat at the sum of 87.1 mln RUR.

The weighted average prices of the grains sold from the intervention fund were as follows: 3-grade wheat - 7851 RUR/t, 4-grade wheat - 7724 RUR/t.

On November 6, 36 agricultural organizations became the winners of the exchange trading, with which JSC United Grain Company will make sale and purchase contracts.

Since the beginning of the public commodity interventions in 2012, the public intervention fund already sold 249.594 thsd tonnes of grains on the stock exchange at the general sum of 1.954 bln RUR.

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