On February 19, Russia sold nearly 65 thsd tonnes of intervention grains
On February 19, 2013, 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 64.78 thsd tonnes from the general proposed volume at the general sum of 598 mln RUR. In particular, trading volume of transactions included 19.312 thsd tonnes of 3-grade wheat of the harvest-2008 at the sum of 177.4 mln RUR, 13.421 thsd tonnes of 3-grade wheat of the harvest-2009 at the sum of 130.3 mln RUR, 2.295 thsd tonnes of 4-grade wheat of the harvest-2009 at the sum of 22.6 mln RUR, 13.674 thsd tonnes of 4-grade wheat of the harvest-2008 at the sum of 138.7 mln RUR, 5.4 thsd tonnes of 5-grade wheat of the harvest-2008 at the sum of 53.2 mln RUR, 5.618 thsd tonnes of milling rye of the harvest-2008 at the sum of 36.6 mln RUR, and 5.06 thsd tonnes of feed barley of the harvest-2008 at the sum of 38.8 mln RUR.
The weighted average prices of the grains sold from the intervention fund were as follows:
- 3-grade wheat of the harvest-2008 – 8334.8 RUR/t;
- 3-grade wheat of the harvest-2009 – 8474 RUR/t,
- 3-grade wheat of the harvest-2011 – 9357.6 RUR/t,
- 4-grade wheat of the harvest-2008 – 9032 RUR/t;
- 4-grade wheat of the harvest-2009 – 8208.5 RUR/t;
- 4-grade wheat of the harvest-2011 – 9321.6 RUR/t;
- 5-grade wheat of the harvest-2008 – 9737.6 RUR/t;
- milling rye of the harvest-2008 – 6360.6 RUR/t;
- feed barley of the harvest-2008 – 7494.6 RUR/t.
64 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 1.878 mln tonnes of grains on the stock exchange at the general sum of 15.877 bln RUR.
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