Also, police are investigating two deaths in Westmoreland, and Tops must sell seven stores to settle FTC complaint.
Central Illinois farmer Richard Hendricks uses a combine to harvest his winter wheat crops near Chandlerville, Ill., in this photo from June 30. Russia banned grain exports for the rest of the year on Thursday, after a severe drought and wildfires destroyed 20 percent of its wheat crop. The price of wheat, which has already jumped 70 percent on world markets this summer, rallied further on the news.From CNN World:
Moscow, Russia (CNN) -- As Russia reels from the worst drought in nearly 40 years, Prime Minister Vladimir Putin has announced a temporary ban on grain exports. "I think it is expedient to temporarily ban exports of grain and grain products from Russia," Putin said in a government meeting Thursday.
» Read the story: Severe Russian drought forces grain export ban
» Price of bread could hit record after Russian wheat export ban [The Telegraph]
» Wheat Prices Hit 2-Year Highs Following Russian Ban [The Wall Street Journal]
In other news:
» Sheriff's Department investigating two deaths in Westmoreland [WSYR-TV Channel 9]
» Tops will sell 7 markets to settle FTC complaint [The Auburn Citizen]
» Oneida PD: Disgusting way to recycle meth [CNYcentral.com]
» Union endorses Darrel J. Aubertine in state Senate re-election bid [Watertown Daily Times]
» Girl, pickup driver killed in Missouru accident involving two school buses [The Associated Press]