Bloomberg News

Russia Sells 162,123 Tons of Grain From State Stockpiles

By Yuliya Fedorinova
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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