June 26, 2013

 

Russia cancels grain purchases limit
 

 

Russia, on June 25, 2013, cancelled the limit of grain purchases during realisation of interventional exchange trading.

 

According to the press-service of OJSC United Grain Company, Sergei Naumov, Director of Closed Joint Stock Company National Mercantile Exchange, approved the corresponding amendment #10 dated June 24, 2013, to "Rules of exchange trading during realisation of the public commodity interventions for regulation of the market of agricultural commodities, raw materials and food".

 

The amendment was made in coordination with the Ministry of Agriculture of the Russian Federation and OJSC United Grain Company.

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