Russian wheat prices hit new high despite government sales
date:Nov 01, 2012
onnes of grain from its stocks during the first two intervention tenders in its Urals, Siberia and Far East regions last week and then decided to expand sales to all regions of the country. It also raised the limit for this year's sales to 130,000 tonnes per week from 110,000 tonnes, which means that the country will be able to sell up to 1.25 million tonnes of grain from its 5-million-tonne stocks by the end of the year.

Hot and dry weather slashed Russia's wheat harvest by a third this year,
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