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Lost Harvests Force China Into Global Wheat Market

Posted

October 24, 2023

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China, one of the world’s top wheat producers, will import up to 13 million metric tons of wheat this season after persistent rain resulted in a series of lost harvests. With international wheat prices currently at threeyear lows, will China’s extra demand provide an updraft for the market? Presented by @cmegroup

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Lost Harvests Force China Into Global Wheat Market · Bloomberg Television · Sentinel