Russia Grain Trader Accuses Moscow of Inflating Prices

Bloomberg News

Russia Grain Trader Accuses Moscow of Inflating Prices
Russian AuthoritiesMoscowAgriculture Ministry
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(Bloomberg) -- Major Russian grain exporter TD Rif has accused Moscow of trying to control and inflate export prices, another escalation in a dispute between...

-- Major Russian grain exporter TD Rif has accused Moscow of trying to control and inflate export prices, another escalation in a dispute between the government and one of the country’s biggest wheat traders.Huawei’s New Phone Runs Latest Version of Made-in-China ChipThe shipper accused the country’s agriculture ministry of encouraging inflated offer prices in a letter to a buyer earlier this month seen by Bloomberg .

In a fresh twist on Friday, the firm said in a statement on its website that it was changing its name to Rodnie Polya LLC. Its press service said the new name better suits its business model. Officials from the Russian agriculture ministry didn’t reply to emails seeking comment about the letter. The agriculture regulator Rosselkhoznadzor said that pricing and market regulation are not part of its mandate.

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