Russia May Import Overseas Grain If Shortage Arises, President Putin Says

Russia may import gran if the country doesn’t have enough supplies after its worst drought in at least 50 years, Prime Minister Vladimir Putin said.

“I asked colleagues form other countries to reserve some grain volumes to ship to Russia should it face shortage,” Putin said in Moscow today.

Russia’s crop fell to 60.3 million metric tons this year from 97.1 million tons in 2009 because of the drought.

To contact the reporter on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net

To contact the editor responsible for this story: Maria Kolesnikova at mkolesnikova@bloomberg.net

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