On October 1, Russia purchased 7 thsd tonnes of grains to the intervention fund

Source

APK-Inform

572

On October 1, 2014, Russia held the regular stock exchange trading within frames of public grain purchasing interventions, and purchased 6.885 thsd tonnes of grains of the harvest-2014 to the interventions fund from the general proposed volume of 39.555 thsd tonnes, at the sum of 41.148 mln RUR, declared the press-service of National Mercantile Exchange CJSC.

In particular, the fund purchased 1.35 thsd tonnes of 3-grade wheat (from the proposed volume of 12.96 thsd tonnes); 3.375 thsd tonnes of 4-grade wheat (from the proposed volume of 7.155 thsd tonnes); 0.54 thsd tonnes of 5-grade wheat (from the proposed volume of 4.05 thsd tonnes); and 1.62 thsd tonnes of barley (from the proposed volume of 12.96 thsd tonnes).

The trades on 2.43 thsd tonnes of 1-grade rye were invalidated.

The fund purchased the reporting grain volumes in Novosibirsk and Omsk oblasts, and Krasnoyarsk Krai.

The weighted average prices of the grains sold to the intervention fund were as follows:

- 3-grade wheat of the harvest-2014 – 6400 RUR/t;

- 4-grade wheat of the harvest-2014 – 6200 RUR/t;

- 5-grade wheat of the harvest-2014 – 6000 RUR/t;

- feed barley of the harvest-2014 – 5150 RUR/t.

Since the beginning of the stock exchange trading (September 30, 2013) the intervention fund already purchased 26.44 thsd tonnes of grains at the general sum of 152.299 mln RUR.

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