FARM BUSINESS NEWS
Russian Retaliation
Todd Neeley DTN Staff Reporter
Wed Aug 6, 2014 04:32 PM CDT

OMAHA (DTN) -- Some U.S. agriculture sectors will be hit harder than others by a one-year ban on agriculture imports into Russia. The ban was announced Wednesday as a retaliatory measure by Russia President Vladimir Putin in response to economic sanctions by the U.S. and other Western countries due to ongoing military unrest in Ukraine.

In all, U.S. ag exports to Russia amount to about $1 billion a year. According to a report from Dow Jones Wednesday morning, the ban is most likely to hit U.S. shipments of soybeans, pork, chicken and nuts. U.S. meat and poultry exports to Russia ...

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