Agrinews

February 4, 13:10 Source: APK-Inform Views: 299

On February 4, Russia purchased 4.6 thsd tonnes of grains to the intervention fund

On February 4, 2014, Russia held the regular stock exchange trading within frames of public grain purchasing interventions, and purchased 4.59 thsd tonnes of grains to the intervention fund (from the general proposed volume of 29.97 thsd tonnes), at the sum of 25.285 mln RUR.

In particular, the fund purchased 1.755 thsd tonnes of 3-grade wheat of the harvest-2013 (from the proposed volume of 11.34 thsd tonnes); and 2.835 thsd tonnes of feed barley of the harvest-2013 (from the proposed volume of 12.555 thsd tonnes).

The trades on 4-grade wheat of the harvest-2013 (3.105 thsd tonnes) and 5-grade wheat of the harvest-2013 (2.97 thsd tonnes) were invalidated.

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

- 3-grade wheat of the harvest-2013 – 6219 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 – 4992.6 RUR/t.

Since the beginning of the stock exchange trading (October 15, 2013) the intervention fund already purchased 587.925 thsd tonnes of grains at the general sum of 3.454 bln RUR.

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