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Russia Plans to Increase Grain Sales From State Stocks

Russia, the world’s third biggest wheat exporter last season, will increase grain sales from stockpiles in the European part of the country next week, Prime Minister Dmitry Medvedev said.

More than 1.5 million metric tons of state grain has been sold since sales began on Oct. 23, he said at a government grain meeting on the outskirts of Moscow today. The cereal came from silos in the Asian part of the country.