Grain interventions in the Crimean stock exchange will resume on Thursday

Grain interventions in the Crimean stock exchange will resume on Thursday


On Tuesday, the Ministry of agriculture of the Russian Federation published the order, on which were raised the limit levels of minimum prices for grain interventions. In Thursday trading already takes place at higher procurement prices.

MOSCOW, 14 Oct. State purchase interventions in respect of grain harvest in 2015 will be held on the Crimean stock exchange Wednesday, 15 October, said the representative of the exchange.

“Bidding will take place tomorrow”, — said the Agency interlocutor. The last time the Crimean trading on the stock exchange took place on 10 September. The representative of the exchange noted that the auction will take place at higher procurement prices. On Tuesday, the Ministry of agriculture of the Russian Federation published the order, on which were raised the limit levels of minimum prices for grain interventions.

In addition, the Ministry refused to dividing prices by region European and Asian parts of Russia. The price of wheat of 3 class rose to 10.9 thousand rubles per tonne in all regions with 9.7 thousand rubles per ton for the subjects of the European part of the country and 9.5 thousand rubles — for the Asian part.

The price of wheat of the 4th class increased to 10.4 thousand rubles from 8.7-8.9 thousand, wheat 5th class — up to 8.8 thousand rubles with 8.4-8.6 thousand. Rye, the state will buy at a price not less than 7,4 thousand roubles for ton (earlier — 6,4 thousand), barley — 7.5 thousand rubles (6.5 thousand). The price of corn remained at the level of 6,9 thousand roubles.

The Ministry of agriculture of the Russian Federation on August 19, launched the state interventions of grain harvest in 2015, but before 15 September, they were only on the Crimean stock exchange. Grain trading at National commodity exchange (NTB) was launched on 20 August, but the deal that day did not occur. From September 15 purchasing interventions of grain on NTBs was held on Tuesdays.

By the end of 2015, the agriculture Ministry plans to purchase in intervention Fund to 2 million tons of grain. From August 19, on the Crimean stock exchange was purchased 30,115 thousand tons of grain to 267,517 million rubles, NTB — 32,67 thousands of tons 278,856 million rubles. The total volume of grain from the intervention Fund as at 9 October is 1,862 million tons worth 12,868 billion.

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