Russian state trader to ship 100,000 tonnes of wheat

Russian state grain trader the United Grains Co plans to export up to 100,000 tonnes of wheat to Mediterranean countries until the end of July, it said on Tuesday. "These will be Mediterranean countries, where we have established stable business relations with buyers," Chief Executive Sergey Levin said in a statement. "Besides, UGC has a target to reach the markets of West and East Africa, Middle East and Latin America. UGC is in talks with firms of some countries of these regions."