News
12.01.2010
On January 12, Russia purchased 73 thsd tonnes of grains to the public intervention fund
On January 12, 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 72.9 thsd tonnes of grains at the general sum of 343.45 mln RUR, declared the media department of CJSC National commodity exchange.
During the whole auction period from November 2, 2009, to January 12, 2010, the government purchased 1.56 mln tonnes of grains from agricultural producers, including 1.22 mln tonnes of 3-grade wheat, 277.96 thsd tonnes of 4-grade wheat, and 62.1 thsd tonnes of rye, at the general sum of 6.15 bln RUR.
The average weighted price of 3-grade wheat, purchased to the intervention fund, totaled 4117.6 RUR/t, 4-grade wheat – 3539.5 RUR/t, rye – 2375.9 RUR/t.
On January 14, Russia plans to continue grains purchasing interventions.
