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
Western sanctions already provide major indirect influence on the economy of Russia
July 8, 15:30
Russia harvested 10 mln tonnes of grains
July 8, 10:00
In 2013/14 MY Russia exported 25.4 mln tonnes of grains – Ministry of Agriculture
July 8, 09:40
EEC to apply safeguard actions on the CU market
July 7, 14:06
Russia: Government approved allocation of 273 mln RUR to Crimea agrarians to compensate the losses
July 7, 12:00
Russia: in 2014 the general grain harvest to exceed the last year indices - Hydrometeorological Centre
July 4, 12:40