Russia grain export ban benefits US farmers, sparks talk on climate change

Posted by Washington Post: Juliet Eilperin on August 27th, 2010
Christian Science Monitor: The International Grains Council on Thursday cut its forecast for global wheat output by 1.1 percent, primarily on the news that major grain exporter Russia has seen one-third of its crop wiped out by the worst drought in a century. To prevent inflation and ensure supplies for Russian tables and livestock, the Russian government banned all grain exports from Aug. 15 to Dec. 31. The news has sent crop prices soaring. It's bad news for grain importers, but increased demand may boost ......

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