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. Last Updated: 07/27/2016

For the Record

U.S. grain distributor Cargill said its profit more than tripled, reaching $1.49 billion, in the three months ending Nov. 30, up from $489 million a year earlier, thanks to the company’s quick work to meet Egyptian demand for wheat imports with European Union grain after a drought curbed supplies from the Black Sea region.
(Bloomberg)

Raspadskaya said in an e-mailed statement Thursday that raw coal output slumped 32 percent to 7.16 million tons last year, with fourth-quarter production at 1.27 million tons, an increase of 15 percent from the previous three-month period.
(Bloomberg)

City Hall is seeking to sell its 22.32 percent stake in oil producer and refiner Sibir Energy, valued at an estimated $900 million, and is starting talks with Gazprom Neft, which controls Sibir, Kommersant reported, citing unidentified sources.
(Bloomberg)

Uralkali, Russia’s largest potash producer, said its trader Belarusian Potash agreed to a six-month supply accord with China to deliver 600,000 tons of the crop nutrient at $400 a ton, including freight, with an option for 120,000 additional tons, Uralkali said Thursday in a regulatory statement.
(Bloomberg)

LUKoil said in a statement Thursday that oil output fell to 96 million tons last year, while gas output rose more than 12 percent to 20 billion cubic meters.
(Bloomberg)