The Ministry of Agriculture of Russia returns to the practice of holding of grain purchasing interventions for two days per week. According to the National Commodity Exchange, in the following week December 23 and 24 will be the tender dates.
As a reminder, during the recent month the trading sessions were conducted once per week only.
According to the agrarian market analysts, the decision of the Ministry of Agriculture to increase the purchasing prices for 3-, 4- and 5-grade wheat caused the reporting renewal of the former regime of grain trading.
At the same time, to date the decree of the Ministry to raise the minimum purchasing prices has not been formally published yet.
