News
26.01.2010
Intervention fund of Russia purchased over 1.3 mln tonnes of 3-grade wheat
On January 26, 2010, the National commodity exchange (Russia) provided the regular exchange auction within the bounds of the public purchasing interventions on the market of grains. The government purchased 36.45 thsd tonnes of grains at the general sum of 130.58 mln RUR, declared the media department of CJSC National commodity exchange.
During the whole auction period, the government purchased 1.67 mln tonnes of grains from agricultural producers, including 1.3 mln tonnes of 3-grade wheat, 302.26 thsd tonnes of 4-grade wheat, and 66.15 thsd tonnes of rye, at the general sum of 6.59 bln RUR.
The average weighted price of 3-grade wheat, purchased to the intervention fund, totaled 4104.4 RUR/t, 4-grade wheat – 3549.2 RUR/t, rye – 2335.6 RUR/t.
