Minimum prices for the grain harvest in 2019 in the case of intervention were approved
The Ministry of Agriculture and Food of Tatarstan announces the approval of the ceiling levels of the minimum prices for grain of the 2019 crop in case it is decided to conduct public procurement interventions in 2019-2020. The relevant order of the Ministry of Agriculture comes into force on May 18, 2019.
As noted in the document, if such a decision is made, prices for all subjects of Russia can be set at the next level including VAT: for wheat of the third class - 9,900 rubles per ton in the Central Federal District, in Southern Federal District (SFD) and the North Caucasus Federal District - 11,100 rubles per ton, in the Volga Federal District (PFD) - 8,600 rubles. per ton, in the Ural Federal District (UFD) - 9,600 rubles per ton, in the Siberian Federal District (SFO) and the Far Eastern Federal District (DFO) - 8,400 rubles per ton.
For soft wheat of the fourth class in all subjects of the Russian Federation, prices including VAT may be: in the Central Federal District - 9,000 rubles per ton, in the Southern Federal District and North Caucasus Federal District - 10,200 rubles per ton, in the Volga Federal District - 7,600 rubles per ton, in the Ural Federal District - 8,500 rubles per ton, in the Siberian Federal District and DFO - 7 900 rubles per ton.
It is proposed to establish prices for soft wheat of the fifth class in the Central Federal District in the amount of 7,800 rubles per ton, including VAT, in the Southern Federal District and North Caucasus Federal District - 9,100 rubles per ton, in the Volga Federal District - 6,800 rubles per ton, in the Ural Federal District - 7,900 rubles per ton, in the Siberian Federal District and the Far East Federal District - 7,300 rubles per ton.
The price for rye is not lower than the third class in all subjects of the Russian Federation at a rate of 6,700 rubles per ton including VAT. The price per ton of barley in the regions of the Russian Federation varies from 7,100 rubles to 10,600 rubles including VAT, and for corn it is not less than the third class - from 8,100 rubles to 9,700 rubles per ton including VAT.
The Ministry of Agriculture and Food of the Republic of Tatarstan reminds that government interventions for the purchase and sale of grain (commodity) have been conducted in Russia since 2001 to regulate domestic prices. In the autumn, after the harvest arrives on the market, prices are falling, so the state buys grain from farmers to support them, and in winter and spring to prevent price increases, the state sells grain from the intervention fund.