MOSCOW, Mar 6 (PRIME) -- Russia’s Agriculture Ministry has suggested the government cut purchase prices for state grain interventions that may be held in the next agricultural year that starts from July 1, 2018 through June 30, 2019, as seen by PRIME in the ministry’s draft ruling published late on Monday.
Below is a breakdown of the revised prices:
| Type of grain | Maximum purchase price next agricultural year, rubles per tonne | Maximum purchase price this agricultural year, rubles per tonne | Change, % |
|---|---|---|---|
| 1st-class wheat | 10,900 | 12,500 | -12.8 |
| 2nd-class wheat | 9,900 | 11,500 | -13.9 |
| 3rd-class wheat | 8,900 | 10,300 | -13.6 |
| 4th-class wheat | 7,600 | 9,000 | -15.6 |
| 5th-class wheat | 6,400 | 7,600 | -15.8 |
| Rye | 5,900 | 7,400 | -20.3 |
| Barley | 6,500 | 7,600 | -14.5 |
| Corn | 7,100 | 7,900 | -10.1 |
The ministry held no grain interventions in the current agricultural year that ends on June 30, 2018.
(57.1000 rubles – U.S. $1)
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