Agrinews

January 22 2013, 15:50 Source: APK-Inform Views: 377

On January 22, Russia sold over 62 thsd tonnes of intervention wheat

On January 22, 2013, JSC United Grain Company provided regular exchange trading with intervention grains in the Russian Federation. The intervention fund put up 64.976 thsd tonnes of wheat for exchange commodity trading, and sold 62.681 thsd tonnes at the general sum of 566.3 mln RUR. In particular, trading volume of transactions included 35.276 thsd tonnes of 3-grade wheat of the harvest-2008 at the sum of 314.6 mln RUR, 9.72 thsd tonnes of 3-grade wheat of the harvest-2009 at the sum of 85.1 mln RUR, 2.835 thsd tonnes of 3-grade wheat of the harvest-2011 at the sum of 25.1 mln RUR, 2.7 thsd tonnes of 4-grade wheat of the harvest-2008 at the sum of 26.1 mln RUR, and 12.5 thsd tonnes of 4-grade wheat of the harvest-2011 at the sum of 115.3 mln RUR.

The weighted average prices of the grains sold from the intervention fund were as follows:

- 3-grade wheat of the harvest-2008 – 8224.1 RUR/t;

- 3-grade wheat of the harvest-2009 – 8378.8 RUR/t,

- 3-grade wheat of the harvest-2011 – 8860.7 RUR/t,

- 4-grade wheat of the harvest-2008 – 8229.5 RUR/t;

- 4-grade wheat of the harvest-2009 – 7947.4 RUR/t;

- 4-grade wheat of the harvest-2011 – 9365.1 RUR/t.

As of the reporting date, there were already accredited 286 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.

38 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 1.384 mln tonnes of grains on the stock exchange at the general sum of 11.447 bln RUR.

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