Russia to Lift Grain Export Ban July 1
Xinhuanet reports that Russian Prime Minister Vladimir Putin recently announced that Russia will lift its grain export ban effective July 1, 2011. Russian officials stated that spring planting this year was 10% higher than the previous year and the winter…
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wheat harvest was "quite good." (Russia stopped its grain exports on August 15, 2010 after a severe drought destroyed crops in the majority of the country's agricultural regions. The harvest in 2010 was 60.9 million tons, down 37 percent compared with 2009.) The U.S. Department of Agriculture has also posted a radio broadcast which provides background on the soon to be lifted Russian grain export ban, which is available here.