Trade and markets
 

Detail

Area
Russia
Commodity Group
Grains
Commodity
Grains
Date
01/04/2015
Policy Category
Consumption and marketing
Policy Instrument
Government procurement
Description
Set the minimum purchasing prices for the public intervention fund on grains for the new harvest. In particular, the purchasing prices for 3-grade soft milling wheat will reduce to 9700 RUR/t in the European part of Russia and 9500 RUR/t in the Asian part, against the current level of 10100 RUR/t and 10000 RUR/t, respectively. At the same time, the minimum purchasing prices for other crops will increase: A-group milling rye - 6400 RUR/t, against the current level of 5100 RUR/t, feed barley - 6500 RUR/t, against the current level of 5150 RUR/t, 3-grade corn - 6900 RUR/t, against the current level of 5600 RUR/t.
Notes
The decree comes into force on July 1, 2015, and is valid until July 1, 2016.