Agrinews

February 28, 09:40 Source: APK-Inform Views: 150

On February 27, Russia sold over 64 thsd tonnes of intervention grains

On February 27, 2013, JSC United Grain Company provided regular exchange trading with intervention grains in the Russian Federation. The intervention fund put up 64.93 thsd tonnes of grains for exchange commodity trading, and sold 64.782 thsd tonnes from the general proposed volume at the general sum of 562.8 mln RUR. In particular, trading volume of transactions included 14.58 thsd tonnes of 3-grade wheat of the harvest-2008 at the sum of 123.1 mln RUR, 18.09 thsd tonnes of 3-grade wheat of the harvest-2009 at the sum of 161.7 mln RUR, 1.35 thsd tonnes of 3-grade wheat of the harvest-2011 at the sum of 10.3 mln RUR, 11.88 thsd tonnes of 4-grade wheat of the harvest-2008 at the sum of 115.4 mln RUR, 4.05 thsd tonnes of 4-grade wheat of the harvest-2009 at the sum of 40.6 mln RUR, 3.25 thsd tonnes of 5-grade wheat of the harvest-2008 at the sum of 30.6 mln RUR, 3.915 thsd tonnes of milling rye of the harvest-2008 at the sum of 24.4 mln RUR, 2.43 thsd tonnes of milling rye of the harvest-2009 at the sum of 15.1 mln RUR, and 5.237 thsd tonnes of feed barley of the harvest-2008 at the sum of 41.4 mln RUR.

75 agricultural organizations became the winners of the exchange trading, with which JSC United Grain Company will conclude sale and purchase contracts.

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

- 3-grade wheat of the harvest-2008 – 8341.2 RUR/t;

- 3-grade wheat of the harvest-2009 – 8564.8 RUR/t,

- 3-grade wheat of the harvest-2011 – 8939 RUR/t,

- 4-grade wheat of the harvest-2008 – 9174.2 RUR/t;

- 4-grade wheat of the harvest-2009 – 8617.7 RUR/t;

- 4-grade wheat of the harvest-2011 – 9297.8 RUR/t;

- 5-grade wheat of the harvest-2008 – 9607.4 RUR/t;

- milling rye of the harvest-2008 – 6341.2 RUR/t;

- milling rye of the harvest-2008 – 6247.1 RUR/t;

- feed barley of the harvest-2008 – 7600.8 RUR/t.

Since the beginning of the public commodity interventions in 2012, the public intervention fund already sold 2.067 mln tonnes of grains on the stock exchange at the general sum of 17.569 bln RUR.

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