Area
Russia
Commodity Group
Grains
Commodity
Wheat
Date
31/03/2016
Policy Category
Consumption and marketing
Policy Instrument
Government procurement
Description
Announced that the minimum prices for 2016 wheat crop purchases by the State Intervention Fund for its restocking programme in 2016/17 will remain unchanged compared to the previous season. Purchasing is expected to start from 1 July 2016. The Intervention Fund price for wheat (Class 3) will remain at RUB 10 900 (USD 161) per tonne.
