3510 tons of grain were sold at the NTB auction for 54.8 million rubles: an update of the intervention fund on May 17, 2024.

At the auction at the National Commodity Exchange on May 17, 2024, 3510 tons of third-grade wheat were sold for 54.8 million rubles.

From the beginning of December 2023 to this date, the total volume of purchased grain amounted to 1057 thousand tons for a total of 15114.7 million rubles.

20 May 2024

As a result of the auction held at the National Commodity Exchange (NCE) on May 17, 2024, 3510 tons of grain were sold for a total amount of 54.8 million rubles.

About grain purchases for the intervention fund on May 17, 2024

Commodity	Volume of purchases, tons	Number of concluded deals	Cost, million rubles
Soft wheat of the third class of the 2023 crop	3510	2	54.8

* The stated price for grain does not include VAT

Overall, from December 11, 2023, to May 17, 2024, 1057.00 thousand tons of grain were purchased for a total amount of 15114.7 million rubles.

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3510 tons of grain were sold at the NTB auction for 54.8 million rubles: an update of the intervention fund on May 17, 2024.

At the auction at the National Commodity Exchange on May 17, 2024, 3510 tons of third-grade wheat were sold for 54.8 million rubles.

From the beginning of December 2023 to this date, the total volume of purchased grain amounted to 1057 thousand tons for a total of 15114.7 million rubles.

World grain prices: wheat and rice are rising, corn is falling, while Russia is reducing customs duties.

Russian grain products are exported to 13 countries directly, bypassing foreign intermediaries.

Challenges with the harvest: small sunflower seeds and low quality pose challenges for processors in Bulgaria.

Harvest news from Kazakhstan: sunflower crops are ready for harvesting, cotton and soybeans continue to ripen.

The sharp increase in sunflower prices due to deteriorating crop forecasts in Russia has caused concern among producers and processors.

3510 tons of grain were sold at the NTB auction for 54.8 million rubles: an update of the intervention fund on May 17, 2024.

At the auction at the National Commodity Exchange on May 17, 2024, 3510 tons of third-grade wheat were sold for 54.8 million rubles. From the beginning of December 2023 to this date, the total volume of purchased grain amounted to 1057 thousand tons for a total of 15114.7 million rubles.

World grain prices: wheat and rice are rising, corn is falling, while Russia is reducing customs duties.

Russian grain products are exported to 13 countries directly, bypassing foreign intermediaries.

Challenges with the harvest: small sunflower seeds and low quality pose challenges for processors in Bulgaria.

Harvest news from Kazakhstan: sunflower crops are ready for harvesting, cotton and soybeans continue to ripen.

The sharp increase in sunflower prices due to deteriorating crop forecasts in Russia has caused concern among producers and processors.

At the auction at the National Commodity Exchange on May 17, 2024, 3510 tons of third-grade wheat were sold for 54.8 million rubles.

From the beginning of December 2023 to this date, the total volume of purchased grain amounted to 1057 thousand tons for a total of 15114.7 million rubles.