On February 5, Russia purchased 9.5 thsd tonnes of grains to the intervention fund

Source

APK-Inform

824

On February 5, 2014, Russia held the regular stock exchange trading within frames of public grain purchasing interventions, and purchased 9.585 thsd tonnes of grains to the intervention fund (from the general proposed volume of 29.97 thsd tonnes), at the sum of 53.426 mln RUR.

In particular, the fund purchased 4.185 thsd tonnes of 3-grade wheat of the harvest-2013 (from the proposed volume of 10.8 thsd tonnes); and 5.4 thsd tonnes of feed barley of the harvest-2013 (from the proposed volume of 11.34 thsd tonnes).

The trades on 4-grade wheat of the harvest-2013 (4.05 thsd tonnes) and 5-grade wheat of the harvest-2013 (3.78 thsd tonnes) were invalidated.

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

- 3-grade wheat of the harvest-2013 – 6219.4 RUR/t;

- 4-grade wheat of the harvest-2013 – 6013.6 RUR/t;

- 5-grade wheat of the harvest-2013 – 5684.5 RUR/t;

- feed barley of the harvest-2013 – 4994.9 RUR/t.

Since the beginning of the stock exchange trading (October 15, 2013) the intervention fund already purchased 597.51 thsd tonnes of grains at the general sum of 3.507 bln RUR.

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