Agrinews

March 6, 09:50 Source: APK-Inform Views: 138

On March 5, Russia sold over 61 thsd tonnes of intervention grains

On March 5, 2013, JSC United Grain Company provided regular exchange trading with intervention grains in the Russian Federation. The intervention fund put up 65.004 thsd tonnes of grains for exchange commodity trading, and sold 61.629 thsd tonnes from the general proposed volume at the general sum of 541.1 mln RUR. In particular, trading volume of transactions included 16.227 thsd tonnes of 3-grade wheat of the harvest-2008 at the sum of 137.4 mln RUR, 10.355 thsd tonnes of 3-grade wheat of the harvest-2009 at the sum of 90.5 mln RUR, 2.025 thsd tonnes of 3-grade wheat of the harvest-2011 at the sum of 16.2 mln RUR, 15.207 thsd tonnes of 4-grade wheat of the harvest-2008 at the sum of 149.3 mln RUR, 2.7 thsd tonnes of 4-grade wheat of the harvest-2009 at the sum of 22.8 mln RUR, 1.35 thsd tonnes of 4-grade wheat of the harvest-2011 at the sum of 11.3 mln RUR, 5.4 thsd tonnes of 5-grade wheat of the harvest-2008 at the sum of 52.4 mln RUR, 1.485 thsd tonnes of milling rye of the harvest-2008 at the sum of 8.3 mln RUR, and 6.88 thsd tonnes of feed barley of the harvest-2008 at the sum of 52.5 mln RUR.

61 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 – 8343 RUR/t;

- 3-grade wheat of the harvest-2009 – 8569 RUR/t,

- 3-grade wheat of the harvest-2011 – 8745.1 RUR/t,

- 4-grade wheat of the harvest-2008 – 9212.4 RUR/t;

- 4-grade wheat of the harvest-2009 – 8610 RUR/t;

- 4-grade wheat of the harvest-2011 – 9277.3 RUR/t;

- 5-grade wheat of the harvest-2008 – 9623.5 RUR/t;

- milling rye of the harvest-2008 – 6301.4 RUR/t;

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

- feed barley of the harvest-2008 – 7605.6 RUR/t.

Since the beginning of the public commodity interventions in 2012, the public intervention fund already sold 2.129 mln tonnes of grains on the stock exchange at the general sum of 18.110 bln RUR.

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