Minister of Food and Agriculture R.Burmaa and Deputy Minister B.Batzorig visited the Agricultural Stock Exchange of Mongolia for an update on its activities. 

The Agricultural Stock Exchange opened in 2013. The market has become a transparent market for herders and producers, and has created conditions for establishing the actual value of agricultural products and reduced expenses through its business activity. For that reason, several trades of agricultural products at market prices have been carried out, not only on the domestic market, but also in foreign markets. In the last two years, the trade of the Agricultural Stock Exchange has reached 971.4 billion MNT.  

Starting next year, the Agricultural Stock Exchange is going to trade fur and raw materials, and it is also preparing to trade wheat products. Preparations for launching the trade of fur and raw materials is now underway.

As of January 29,2015, the Agricultural Stock Exchange has organized 11 trades and traded 557.2 tons of goat wool, 11 tons of cashmere wool, 662 tons of sheep wool, and 26 tons of camel wool, for total trade valued at 13.7 billion MNT.