Publication: Monitor Volume: 1 Issue: 150

Roskhleboprodukt, Russia’s grain-trading firm, has bought 1.5 million tons of grain from the United States, Austria, and Hungary, the office of First Deputy Agriculture Minister Vladimir Shcherbak said yesterday. Talk of Russian grain purchases against a backdrop of dwindled world stocks was among factors that drove Chicago wheat futures prices up above $5 per bushel in recent days and toward 16-year highs. Purchases of 1.5 million tons would be worth around $300 million. (3)

Russia’s Human Rights Record Slammed.