Russia: grain intervention results as of November 14
According to federal agency for food markets regulation, as of November 14 the state purchased 112,000 tonnes of milling wheat Class 3 and 98,000 tonnes of wheat Class 4 for the total value 402.517 million roubles. Totally, 117,000 tonnes of milling wheat Class 3 and the same amount of milling wheat Class 4 were put up for tender.
Minimal purchasing price for milling wheat Class 3 was 1,800 roubles per tonne, average weighted one - 2,182 roubles per tonne, maximal one - 2,298 roubles per tonne. Minimal purchasing price for milling wheat Class 4 was 1,350 roubles per tonne, average weighted one - 1,614 roubles per tonne, maximal one - 1,799 roubles per tonne.
In course of the auction there were held 12 mini-sessions, of which three were declared invalid.
According to the federal agency, on November 14 the grain intervention trades are being continued.
(1 USD = 32 roubles)