Heat damage to Russia crop past worst-official says

Reuters: Russia's worst drought for decades is set to drag on for at least the next 7 days in some areas but further serious damage to grain crops is not expected, a senior government weather forecaster said on Thursday. Drought in some regions of Russia, one of the world's biggest wheat exporters, has sent global prices soaring to year highs in July, putting U.S. wheat futures on track for their biggest monthly gain since 1973. Grain traders say the rally shows signs of continuing, ......

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