On February 25, Russia purchased 6.2 thsd tonnes of grains to the intervention fund

Source

APK-Inform

742

On February 25, 2015, Russia held the regular stock exchange trading within frames of public grain purchasing interventions, and purchased 6.21 thsd tonnes of grains of the harvest-2014 (from the general proposed volume of 10.125 thsd tonnes) at the sum of 60.062 mln RUR. At the same time, the major volumes of grains (4.86 thsd tonnes) were purchased on the basis of Novosibirsk oblast, declared the press-service of National Mercantile Exchange CJSC.

In particular, the fund purchased 3.78 thsd tonnes of 3-grade wheat (from the proposed volume of 5.13 thsd tonnes), 0.405 thsd tonnes of 4-grade wheat (from the proposed volume 0.945 thsd tonnes), and 2.025 thsd tonnes of 5-grade wheat (from the proposed volume 2.7 thsd tonnes).

The trades on 1.35 thsd tonnes of 1-grade rye were invalidated.

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

- 3-grade wheat – 8690.5 RUR/t;

- 4-grade wheat – 7329.6 RUR/t;

- 5-grade wheat – 7867.1 RUR/t;

- 1-grade rye – 5054.7 RUR/t;

- feed barley – 5148.8 RUR/t.

Since the beginning of the stock exchange trading (September 30, 2013) the intervention fund already purchased 365.155 thsd tonnes of grains at the general sum of 2.31 bln RUR.

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