Since February 6, Russia started grain interventions in the European part of the country
Since February 6, 2013, the geography of holding of grain commodity interventions became extended to the European part of Russia with the simultaneous introduction of zoning of grain purchases, in which the grain selling is realized in the region, where the basis of delivery is located, or in the neighboring regions. For the first time since the beginning of the exchange trading in the current season (October 23, 2012), the intervention fund put on sale 5-grade wheat, milling rye and feed barley.
On February 6, JSC United Grain Company provided regular exchange trading with intervention grains in the Russian Federation. The intervention fund put up 64.915 thsd tonnes of grains for exchange commodity trading, and sold 59.65 thsd tonnes at the general sum of 484.9 mln RUR. In particular, trading volume of transactions included 26.865 thsd tonnes of 3-grade wheat of the harvest-2008 at the sum of 219.1 mln RUR, 7.56 thsd tonnes of 3-grade wheat of the harvest-2009 at the sum of 58.5 mln RUR, 10.53 thsd tonnes of 4-grade wheat of the harvest-2008 at the sum of 103.6 mln RUR, 1.08 thsd tonnes of 4-grade wheat of the harvest-2011 at the sum of 8.1 mln RUR, 3.78 thsd tonnes of 5-grade wheat of the harvest-2008 at the sum of 34.5 mln RUR, 5.94 thsd tonnes of milling rye at the sum of 34.9 mln RUR, and 3.895 thsd tonnes of feed barley of the harvest-2008 at the sum of 25.9 mln RUR.
The weighted average prices of the grains sold from the intervention fund were as follows:
- 3-grade wheat of the harvest-2008 – 8274.2 RUR/t;
- 3-grade wheat of the harvest-2009 – 8413.1 RUR/t,
- 3-grade wheat of the harvest-2011 – 9357.6 RUR/t,
- 4-grade wheat of the harvest-2008 – 8496.3 RUR/t;
- 4-grade wheat of the harvest-2009 – 7947.4 RUR/t;
- 4-grade wheat of the harvest-2011 – 9321.6 RUR/t;
- milling rye of the harvest-2008 – 5878.4 RUR/t;
- feed barley of the harvest-2008 – 6674.1 RUR/t.
41 agricultural organizations became the winners of the exchange trading, with which JSC United Grain Company will conclude sale and purchase contracts.
Since the beginning of the public commodity interventions in 2012, the public intervention fund already sold 1.684 mln tonnes of grains on the stock exchange at the general sum of 14.056 bln RUR.
You should be authorized to post comment
As of May 1, grain carry-over stocks in Russia reduced to 15 mln tonnes – Rosstat
By 2021, Russia may become the world leader in the exports of wheat – FAO
May 23, 16:30
Forecast of grains and pulses production in Russia in 2013
May 23, 12:50
On May 22, Russia sold 44.844 thsd tonnes of intervention grains
May 23, 09:30
Russia: in 2013/14 MY grain harvest may reach 97 mln tonnes – expert
May 23, 07:50
Russia: intervention selling volumes continued reducing
May 21, 18:30
Russia: grain export volumes almost reached 15 mln tonnes
May 21, 14:30