Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
RSS
 
October 30, 2008

 

Russia to push up wheat purchase prices
 
 

Russia will raise the purchase prices for third-grade wheat by 8 percent to RUB 5,500 (US$207.4) per tonne, starting November 1, 2008.

 

Russia expects to stimulate producers and provide planned amount of purchases into the intervention state fund.

 

Currently, purchases started on August 19 are slower than expected, according to the authorities.

 

Up-to-date, 496,000 tonnes of grain have been bought, including 2,700 tonnes of third-grain wheat and 136,500 tonnes of fourth grade wheat for RUB 2.1 billion (US$79.1 million). In total, about 5 million tonnes of wheat and 3 million tonnes of fodder grain are to be bought this year.

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read