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 harvested nearly 90 mln tonnes of grains
Russia plans to impose duties for Ukraine – A.Ulyukaev
September 18, 11:00
In August Russia exported the maximum volumes of wheat for 10 recent years
September 18, 10:20
Russia increased the grain stocks by 19% - Rosstat
September 18, 10:04
In September Russia to reduce the grain exports – Rusagrotrans
September 18, 09:30
Russia: reduction of the export duties on soybeans to rise its exports
September 17, 09:50
Russia harvested over 86 mln tonnes of grains
September 16, 13:50