AreaRussia

Commodity GroupGrains

CommodityWheat

Date01/08/2017

Policy CategoryConsumption and marketing

Policy InstrumentGovernment procurement

DescriptionApproved new prices for grain purchasing interventions in the 2017/18 marketing year. It sets the price for 1-grade soft milling wheat at RUR 12 500 (USD 216) per tonne, 2-grade wheat at RUR 11 500 (USD 199) per tonne, 3-grade wheat at RUR 10 300 (USD 178 per tonne), 4-grade wheat at RUR 9 000 (USD 156) per tonne, and 5-grade wheat at RUR 7 600 (USD 132) per tonne.