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Russia Puts Brakes on Grain Cargoes as Rules Slow Exports

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Russia is getting creative as it seeks to stem a surge in grain exports amid the rout in the country’s currency that has pushed up the prices consumers pay for bread.

The country is slowing down shipments by denying certificates that grain sellers and buyers need after sanitary inspections, an association of Russian exporters said yesterday. Agriculture Minister Nikolai Fedorov said this week that it may scrutinize shipments through offshore companies, and the nation’s agriculture watchdog said last month it would block outbound cargoes it deems contaminated.