Agrinews

March 13, 10:00 Source: APK-Inform Views: 143

On March 12, Russia sold 61 thsd tonnes of intervention grains

On March 12, 2013, JSC United Grain Company provided regular exchange trading with intervention grains in the Russian Federation. The intervention fund put up 64.956 thsd tonnes of grains for exchange commodity trading, and sold 61.267 thsd tonnes from the general proposed volume at the general sum of 514.3 mln RUR. In particular, trading volume of transactions included 12.466 thsd tonnes of 3-grade wheat of the harvest-2008 at the sum of 103.1 mln RUR, 15.93 thsd tonnes of 3-grade wheat of the harvest-2009 at the sum of 135.5 mln RUR, 1.485 thsd tonnes of 3-grade wheat of the harvest-2011 at the sum of 12.1 mln RUR; 11.189 thsd tonnes of 4-grade wheat of the harvest-2008 at the sum of 106.3 mln RUR, 2.919 thsd tonnes of 4-grade wheat of the harvest-2009 at the sum of 26.6 mln RUR, 4.05 thsd tonnes of 4-grade wheat of the harvest-2011 at the sum of 32.1 mln RUR, 3.51 thsd tonnes of 5-grade wheat of the harvest-2008 at the sum of 32.4 mln RUR, 2.7 thsd tonnes of milling rye of the harvest-2008 at the sum of 15.1 mln RUR, 7.018 thsd tonnes of feed barley of the harvest-2008 at the sum of 50.6 mln RUR.

67 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 – 8342.9 RUR/t;

- 3-grade wheat of the harvest-2009 – 8576.8 RUR/t,

- 3-grade wheat of the harvest-2011 – 8666 RUR/t,

- 4-grade wheat of the harvest-2008 – 9239.1 RUR/t;

- 4-grade wheat of the harvest-2009 – 8737.3 RUR/t;

- 4-grade wheat of the harvest-2011 – 9192.1 RUR/t;

- 5-grade wheat of the harvest-2008 – 9545.3 RUR/t;

- milling rye of the harvest-2008 – 6195.1 RUR/t;

- milling rye of the harvest-2008 – 6200 RUR/t;

- feed barley of the harvest-2008 – 7554.5 RUR/t.

Since the beginning of the public commodity interventions in 2012, the public intervention fund already sold 2.251 mln tonnes of grains on the stock exchange at the general sum of 19.156 bln RUR.

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