The interventions begin! The National Commodity Exchange (NTB) will make the first grain purchases for the State Intervention Fund on October 29.

The interventions begin! The National Commodity Exchange (NTB) will make the first grain purchases for the State Intervention Fund on October 29.

Eight small meetings are planned: four for the purchase of ten plots (135 tons) of type 3 wheat and four for 25 plots of type 4 wheat.

The initial price of class 3 wheat will be 11.1 thousand rubles/t without VAT, class 4 wheat - 10.8 thousand rubles/t. The minimum price reduction step is 50 rubles. On the first procurement day, there will be four delivery bases: Arachdinsky bakery plant, Bardevsky elevator (both in the Volgograd region), Rostov Shashav grain company (elevators in the Krasnodar Territory and Rostov region).