Bloomberg News

Russia Sells 162,123 Tons of Grain From State Stockpiles

May 11, 2012

Russia’s government sold 162,123 metric tons of grain from state stockpiles today for 887 million rubles ($29 million), according to a statement on the Micex Stock Exchange website.

The government has sold 1.54 million tons from inventories since sales began April 4, according to the statement.

==============================================================
             Amount Sold       Price Range      Average Price
                (Tons)       (Rubles a ton)    (Rubles a ton)
==============================================================
Total Sold   1,540,657        4,300 - 7,150          --

Milling Wheat
3rd Grade
2005 Harvest     5,005        5,325 - 5,625      5,470.20

Milling Wheat
3rd Grade
2008 Harvest    59,664        6,050 - 6,800      6,199.80

Milling Wheat
3rd Grade
2009 Harvest    61,435        6,050 - 6,600      6,191.80

Milling Wheat
4th Grade
2005 Harvest    21,140        4,500 - 5,550      5,152.30

Milling Wheat
4th Grade
2008 Harvest   622,047        5,400 - 7,150      5,831.60

Milling Wheat
4th Grade
2009 Harvest    69,284        5,300 - 6,425      5,489.00

Feed Wheat
5th Grade
2008 Harvest   500,414        4,550 - 6,000      4,797.60

Milling Rye
2008 Harvest    51,695        4,300 - 4,600      4,340.30

Milling Rye
2009 Harvest     8,085        4,300 - 4,300      4,300.00

Feed Barley
2008 Harvest   141,888        4,550 - 5,350      4,687.40
=============================================================
SOURCE: National Mercantile Exchange.

To contact the reporter on this story: Yuliya Fedorinova in Moscow at yfedorinova@bloomberg.net

To contact the editor responsible for this story: Torrey Clark at tclark8@bloomberg.net


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