Agrinews

February 11, 13:30 Source: APK-Inform Views: 378

On February 11, Russia purchased only feed barley to the intervention fund

On February 11, 2014, Russia held the regular stock exchange trading within frames of public grain purchasing interventions, and purchased 2.43 thsd tonnes of feed barley only of the harvest-2013 to the intervention fund (from the proposed volume of 12.555 thsd tonnes), at the sum of 12.271 mln RUR.

The trades on 3-grade wheat of the harvest-2013 (11.34 thsd tonnes), 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 – 6219.4 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 – 4995.9 RUR/t.

Since the beginning of the stock exchange trading (October 15, 2013) the intervention fund already purchased 599.94 thsd tonnes of grains at the general sum of 3.519 bln RUR.

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