On January 16, Russia sold 62.91 thsd tonnes of intervention wheat
On January 16, 2013, JSC United Grain Company provided regular exchange trading with intervention grains in the Russian Federation. The intervention fund put up 64.793 thsd tonnes of wheat for exchange commodity trading, and sold 62.91 thsd tonnes at the general sum of 555.3 mln RUR. In particular, trading volume of transactions included 44.01 thsd tonnes of 3-grade wheat of the harvest-2008 at the sum of 396.2 mln RUR, 16.065 thsd tonnes of 3-grade wheat of the harvest-2009 at the sum of 143.6 mln RUR, 2.835 thsd tonnes of 4-grade wheat of the harvest-2008 at the sum of 26.4 mln RUR.
The weighted average prices of the grains sold from the intervention fund were as follows:
- 3-grade wheat of the harvest-2008 – 8196.3 RUR/t;
- 3-grade wheat of the harvest-2009 – 8366.2 RUR/t,
- 4-grade wheat of the harvest-2008 – 8261.5 RUR/t;
- 4-grade wheat of the harvest-2009 – 7947.4 RUR/t;
- 4-grade wheat of the harvest-2011 – 8325 RUR/t.
As of the reporting date, there were already accredited 281 participants from Arkhangelsk, Astrakhan, Belgorod, Vladimir, Voronezh, Volgograd, Irkutsk, Kaluga, Kemerovo, Kirov, Kurgan Kursk, Leningrad, Lipetsk, Moscow, Murmansk, Novgorod, Novgorod, Novosibirsk, Omsk, Orenburg, Penza, Pskov, Rostov, Ryazan, Saratov, Samara, Sverdlovsk, Smolensk, Tambov, Tver, Tomsk, Tula, Tyumen, Ulyanovsk, Chelyabinsk and Yaroslavl oblasts; Altai, Transbaikalia, Krasnodar, Krasnoyarsk, Perm, Stavropol and Khabarovsk Krais; the Republics of Bashkortostan, Karelia, Mordovia, Mari El, Tatarstan, Chuvashia, Udmurtia, Moscow and St. Petersburg cities of the Russian Federation to participate in the exchange trades with grains under the public commodity interventions.
40 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 1.322 mln tonnes of grains on the stock exchange at the general sum of 10.881 bln RUR.
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