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: cancellation of the export duties increased wheat foreign supplies – Rusagrotrans
May 22, 12:40
Some regions of Russia completed the spring crops planting works - Ministry of Agriculture
May 22, 10:30
Russia not to cancel the food import ban against Western countries in the nearest future – A.Tkachev
May 22, 09:40
Russia to supply grains to Iran by barter – Rosselkhoznadzor
May 22, 09:25
Russia: as of May 1, grain stocks totaled 19 mln tonnes – Rosstat
May 21, 14:20
Russia to produce 100 mln tonnes of grains - Ministry of Agriculture
May 21, 09:50