State Grain Price Set

By The Moscow Times

Jan. 15, 2012

The Agriculture Ministry set minimum prices for state grain purchases this year, according to the ministry order published in Rossiiskaya Gazeta.

The minimum price for the third- grade milling wheat is set at 5,000 rubles ($158) a ton in the European part of Russia and at 4,700 rubles in the Asian part, according to the statement. Prices for the fourth-grade milling wheat are 4,450 rubles in the Asian part and 4,650 rubles a ton in European territories, it said.

Feed wheat prices are 4,100 rubles for the Asian part and 4,300 rubles a ton for the European side and milling rye is at 3,900 rubles a ton, feed barley at 4,000 rubles a ton and corn at 4,400 rubles a ton for the entire country, it said.

(Bloomberg)

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