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Russia’s Novorossiysk to Export 1.2 Million Tons of Grain

Russia’s Novorossiysk terminal will export 1.2 million metric tons of grain in the first quarter, according to United Grain Co., the state grain trader and owner of a controlling stake in the facility.

The terminal exported more than 2.2 million tons of grain from the marketing year’s start on July 1 and through Dec. 31, 2011, the company said today in an e-mailed statement.