Trade and markets
 

Detail

Area
Russia
Commodity Group
Grains
Commodity
Wheat
Date
01/05/2015
Policy Category
Consumption and marketing
Policy Instrument
Procurement price
Description
Decreased the prices at which intervention purchases of the 2015 wheat crop would occur. Depending on the origin of the crop, the price of Class 3 wheat is decreased by 3 to 5 percent, the price of Class 4 by 4.3 to 5.4 percent and the price of Class 5 by 4.4 to 7.7 percent. The new prices entered into force on 1 July 2015 and will remain in place for one year.