On November 11, Russia purchased 15 thsd tonnes of grains to the intervention fund

Source

APK-Inform

597

On November 11, 2014, Russia held the regular stock exchange trading within frames of public grain purchasing interventions, and purchased 14.85 thsd tonnes of grains of the harvest-2014 to the interventions fund from the general proposed volume of 25.38 thsd tonnes, at the sum of 77.173 mln RUR, declared the press-service of National Mercantile Exchange CJSC.

In particular, the fund purchased 1.62 thsd tonnes of 5-grade wheat (all proposed volume); 9.585 thsd tonnes of 1-grade rye (all proposed volume), and 3.645 thsd tonnes of barley (from the proposed volume of 10.125 thsd tonnes).

The trades on 2.565 thsd tonnes of 3-grade wheat and 1.485 thsd tonnes of 4-grade wheat were invalidated.

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

- 3-grade wheat – 6400 RUR/t;

- 4-grade wheat – 6345.1 RUR/t;

- 5-grade wheat – 6006.6 RUR/t;

- 1-grade rye – 5020.8 RUR/t;

- feed barley – 5148.7 RUR/t.

Since the beginning of the stock exchange trading (September 30, 2013) the intervention fund already purchased 230.02 thsd tonnes of grains at the general sum of 1.261 bln RUR.

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