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USDA Says Russia & Ukraine to Lift Grain Export Ban

The U.S. Department of Agriculture has posted a radio broadcast which states that Russia will be lifting its ban on grain exports, mostly wheat, and Ukraine has announced a similar move, which means that the countries do not expect the…

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crop disaster like that in 2010, and they expect ample supplies. A USDA official states that the countries may be overly optimistic, and forecasts a comeback, but not at 2009 levels.