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Russia may buy up to 3 mln T of grain for state stockpile this year - ministry

Sept 7 (Reuters) - Russia may buy up to 3 million tonnes of grain for the state reserve fund this year, the agriculture ministry said on Wednesday.

The state’s grain reserve fund is designed to help smooth prices in the domestic market, allowing the government to cool the market by offloading supplies should prices rise too fast. (Reporting by Reuters; Editing by Edmund Blair)

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