AreaRussian Federation

Commodity GroupGrains

CommodityBarley and Wheat

Date10/04/2024

Policy CategoryConsumption and marketing

Policy InstrumentGovernment market intervention

DescriptionApproved minimum intervention prices for 2024/25 grain purchases, including third class wheat (used for lower-grade flour, animal feed, or industrial purposes) at RUB 15 620 (USD 168) per tonne, fourth class wheat (used for animal feed or industrial processes where high-quality flour is not required) at RUB 15 070 (USD 162) per tonne, barley at RUB 13 640 (USD 146) per tonne, and rye (minimum third class) at RUB 11 440 (USD 123) per tonne.