Russia: Ministry of Agriculture determined the level of minimum purchasing prices for grains to the intervention fund

The minimum purchasing price of 3-grade wheat of the harvest-2013 for the intervention fund of the Russian Federation will total 6000-7000 RUR/t, declared Ilya Shestakov, Deputy Minister of Agriculture.

He added that by April 1 the Ministry of Agriculture plans to adopt and publish the final decision on the minimum price levels for holding of the purchasing interventions in 2013. The purchasing volumes will depend on the harvest results of the current year, said the Deputy Minister.

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