Agrinews

January 29, 14:50 Source: APK-Inform Views: 258

On January 29, Russia purchased 7 thsd tonnes of grains to the intervention fund

On January 29, 2014, Russia held the regular stock exchange trading within frames of public grain purchasing interventions, and purchased 7.02 thsd tonnes of grains to the intervention fund (from the general proposed volume of 29.97 thsd tonnes), at the sum of 36.396 mln RUR.

In particular, the fund purchased 0.945 thsd tonnes of 4-grade wheat of the harvest-2013 (from the proposed volume of 3.51 thsd tonnes); and 6.075 thsd tonnes of feed barley of the harvest-2013 (from the proposed volume of 12.015 thsd tonnes).

The trades on 3 grade wheat of the harvest-2013 (10.8 thsd tonnes) and 5-grade wheat of the harvest-2013 (3.645 thsd tonnes) were canceled.

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

- 3-grade wheat of the harvest-2013 – 6218.8 RUR/t;

- 4-grade wheat of the harvest-2013 – 6013.6 RUR/t;

- 5-grade wheat of the harvest-2013 – 5684.5 RUR/t;

- feed barley of the harvest-2013 – 4991.2 RUR/t.

Since the beginning of the stock exchange trading (October 15, 2013) the intervention fund already purchased 583.335 thsd tonnes of grains at the general sum of 3.428 bln RUR.

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