Russia: Ministry of Agriculture approved the minimum prices of grain purchasing interventions in 2014/15 MY
The Ministry of Agriculture of Russia approved the minimum prices of grain purchases to the public fund within frames of the purchasing interventions in 2014/15 MY, declared Nikolai Fedorov, Minister of Agriculture, on March 31.
In particular, in the European part of the Russian Federation the minimum purchasing price of 3-grade wheat will total 6750 RUR/t, 4-grade wheat - 6450 RUR/t, 5-grade wheat - 6100 RUR/t. In the Asian part of Russia the reporting prices will total 6400 RUR/t, 6200 RUR/t and 6000 RUR/t, respectively.
As for the other grain crops, there is proposed to establish the common minimum purchasing prices for the entire territory of Russia: milling rye of A group - 5100 RUR/t, feed barley - 5150 RUR/t, 3-grade maize - 5600 RUR/t.
The specified decree was sent for approval to the Ministry of Justice of the Russian Federation.
You should be authorized to post comment
On September 27, Russia purchased 64 thsd tonnes of grains to the intervention fund
Russia: Ministry of Agriculture lowered its grain harvest forecast to 113 mln tonnes
Russia harvested over 109 mln tonnes of grains - Ministry of Agriculture
In the fourth week of September, Russia tripled grain export supplies from the seaports
Russia: NCSP Group decreased grain shipment for exports
In the current year, Russia to harvest 115 mln tonnes of grains - Ministry of Agriculture