The world wheat crop is trending downward, due to a brutal heat wave in India and dry weather in Spain and France, said the Agriculture Department in its monthly WASDE report. Although Russia is expected to sharply increase its exports, more than 12 million tonnes of wheat would be liquidated from global stockpiles over the next year in the face of unrelenting demand for food.
Extreme heat has damaged India’s wheat crop and…
Read the full article here.
.
