In the first intervention trading in 2014 Russia purchased the record low volumes of grains

Source

APK-Inform

744

On January 21, 2014, on first day of the regular stock exchange trading within frames of public grain purchasing interventions Russia purchased the record low volumes of grains 5.4 thsd tonnes of grains to the intervention fund (from the general proposed volume of 29.97 thsd tonnes), at the sum of 29.673 mln RUR.

In particular, the fund purchased 2.025 thsd tonnes of 3-grade wheat of the harvest-2013 (from the proposed volume of 5.535 thsd tonnes); and 3.375 thsd tonnes of feed barley of the harvest-2013 (from the proposed volume of 12.285 thsd tonnes).

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

- 3-grade wheat of the harvest-2013 – 6217.6 RUR/t;

- 4-grade wheat of the harvest-2013 – 6012.4 RUR/t;

- 5-grade wheat of the harvest-2013 – 5684.4 RUR/t;

- feed barley of the harvest-2013 – 4980.8 RUR/t.

Since the beginning of the stock exchange trading (October 15) the intervention fund already purchased 549.45 thsd tonnes of grains at the general sum of 3.24 bln RUR.

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