Minimum purchase price for grain in 2014. (2014-03-31)

The Russian Ministry of Agriculture drafted a departmental bill “Concerning determination of the overall minimum price level for grain in 2014 under the state purchasing interventions procedure in 2014-2015” according to the Rules for exercising state purchasing and commodity interventions in order to regulate agricultural, raw material and food market.

So, the following overall minimum price levels for wheat, barley, rye and corn have been fixed. Reaching these levels, state purchasing interventions for grain of the year 2014 are in the process of exercising in 2014-2015.

More detailed information you can find here.

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