On February 12, Russia purchased the record low grain volumes to the intervention fund
On February 12, 2014, Russia held the regular stock exchange trading within frames of public grain purchasing interventions, and purchased the minimum grain volumes since the beginning of the current intervention trades – only 0.27 thsd tonnes of feed barley only of the harvest-2013 (from the proposed volume of 12.015 thsd tonnes), at the sum of 1.363 mln RUR.
The trades on 3-grade wheat of the harvest-2013 (10.8 thsd tonnes), 4-grade wheat of the harvest-2013 (3.51 thsd tonnes) and 5-grade wheat of the harvest-2013 (3.645 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 – 4996 RUR/t.
Since the beginning of the stock exchange trading (October 15, 2013) the intervention fund already purchased 600.21 thsd tonnes of grains at the general sum of 3.521 bln RUR.
You should be authorized to post comment
Russia planted spring grains throughout 6.2 mln ha — Ministry of Agriculture
April 29, 09:30
Russia: no reason to cancel the export duties on wheat - Ministry of Agriculture
April 28, 17:15
Russia: Ministry of Agriculture increased the forecast of wheat exports in 2015/16 MY
April 28, 15:00
In 2015/16 MY, Russia to achieve the absolute record in wheat exports – Rusagrotrans
April 28, 13:25
In 2016, Russia to increase grain production by 0.67 mln tonnes - ProZerno
April 28, 10:35
Russia: planted areas under corn to keep the expansion dynamics — APK-Inform
April 27, 10:05
In 2016, Russia to increase oilseed crops production by 1% - APK-Inform
April 26, 17:25