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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.
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Amount Sold Price Range Average Price
(Tons) (Rubles a ton) (Rubles a ton)
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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
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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