Agrinews

March 14, 13:00 Source: APK-Inform Views: 165

On March 13, Russia sold 62 thsd tonnes of intervention grains

On March 13, 2013, JSC United Grain Company provided regular exchange trading with intervention grains in the Russian Federation. The intervention fund put up 64.917 thsd tonnes of grains for exchange commodity trading, and sold 62.217 thsd tonnes from the general proposed volume at the general sum of 517.3 mln RUR. In particular, trading volume of transactions included 10.024 thsd tonnes of 3-grade wheat of the harvest-2008 at the sum of 83.2 mln RUR, 17.996 thsd tonnes of 3-grade wheat of the harvest-2009 at the sum of 150.3 mln RUR, 1.485 thsd tonnes of 3-grade wheat of the harvest-2011 at the sum of 11.2 mln RUR; 14.012 thsd tonnes of 4-grade wheat of the harvest-2008 at the sum of 127.8 mln RUR, 4.32 thsd tonnes of 4-grade wheat of the harvest-2009 at the sum of 37.4 mln RUR, 1.08 thsd tonnes of 4-grade wheat of the harvest-2011 at the sum of 8.2 mln RUR, 4.05 thsd tonnes of 5-grade wheat of the harvest-2008 at the sum of 36.4 mln RUR, 2.97 thsd tonnes of milling rye of the harvest-2008 at the sum of 16.9 mln RUR, 6.21 thsd tonnes of feed barley of the harvest-2008 at the sum of 45.1 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 – 8342.6 RUR/t;

- 3-grade wheat of the harvest-2009 – 8569.6 RUR/t,

- 3-grade wheat of the harvest-2011 – 8541.2 RUR/t,

- 4-grade wheat of the harvest-2008 – 9231.4 RUR/t;

- 4-grade wheat of the harvest-2009 – 8732.3 RUR/t;

- 4-grade wheat of the harvest-2011 – 9165.4 RUR/t;

- 5-grade wheat of the harvest-2008 – 9500.7 RUR/t;

- milling rye of the harvest-2008 – 6156.2 RUR/t;

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

- feed barley of the harvest-2008 – 7525.4 RUR/t.

Since the beginning of the public commodity interventions in 2012, the public intervention fund already sold 2.314 mln tonnes of grains on the stock exchange at the general sum of 19.673 bln RUR.

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