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Russia: Grain Imports May Exceed Exports

Russia will sharply increase imports of agricultural goods this season and may become a net importer of grain for the first time in 11 years as a severe drought continues to ravage the harvest, analysts said Wednesday. Imports of barley alone — a key ingredient for the country’s booming beer industry — may rise more than tenfold to 700,000 tons this marketing year, from 50,000 tons a year before, according to SovEcon, an agricultural market researcher.

written on 19.08.2010 um 19:23.


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