Russia’s Grain Producers Feel the Credit Crunch as Retailers Defer Payments

This year, an exceptionally voluminous grain harvest may help Russia to alleviate the pain brought about by the financial crisis, which is threatening to spread from the stock markets to banks and other spheres such as real estate and employment. But not all that glitters is indeed gold – the oversupply of grain on the market could end up doing more harm than good.
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