State grain purchases rose 2.7-fold at the latest auction

The state purchased 4.725 thousand tonnes of grain for 55.39 million rubles on November 12 at the National Commodity Exchange as part of procurement interventions, according to NTB data. Compared with the previous auction, the purchase volume increased 2.7-fold.

At the auction on November 11, the state purchased 1.755 thousand tonnes of wheat for 19.53 million rubles.

As a result of the auction on November 12, two deals were concluded. The number of participants rose from 163 to 174. No purchases were made of 3-class wheat or rye. The entire volume was soft wheat of 4-class from the 2026 harvest.

4-class wheat was bought at prices ranging from 10.6 thousand to 10.8 thousand rubles per tonne excluding VAT. The weighted average price was 10.657 thousand rubles per tonne, 479 rubles higher than at the previous auction.

Since the start of procurement interventions, from October 29 to November 12, 101.115 thousand tonnes of grain worth a total of 1.187 billion rubles have been purchased for the state reserve. During this period, 71 contract was concluded.

The total volume of purchases of 3-class wheat reached 26.46 thousand tonnes, and 4-class wheat 74.655 thousand tonnes. Weighted average prices for the entire period were 11.065 thousand and 10.579 thousand rubles per tonne excluding VAT, respectively.

Under the interventions, it is planned to buy 3 million tonnes of grain. Including the latest auction, about 3.4% of the planned volume has been purchased.