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Today's paper. Last Updated: 05/29/2012

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Kazakhs Fund Grain Exports

... country's agriculture minister said. Kazakhstan is investing in new elevators, ports and railroads to supply Iran and its Central Asian neighbors, but will also encourage farmers to cultivate more feed grains, maize and oilseeds to avoid an oversupply of wheat in the future, Asylzhan Mamytbekov said. "Our traditional markets cannot absorb our wheat, and the government needs to subsidize part of the expense involved in sending grains to less profitable markets," Mamytbekov said. The country is...

For the Record

Russia exported nearly 3.2 million tons of wheat and meslin (wheat and rye mix) in the first quarter of 2012, Interfax reported Friday, citing the Federal Customs Service. (Interfax) Gazprombank raised $500 million via a five-year eurobond issue, cutting initial yield guidance to 5.63 percent...

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