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Australia’s wheat could be in strong demand following small crops in the US, France and the UK – ABC News

Australian producers could be in the box seat to reap the benefits of a global shortage of high-quality, high-value wheat.

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Australian producers could be in the box seat to reap the benefits of a global shortage of high-quality, high-value wheat.
Key points:

  • This year’s wheat crop is one of the smallest it has been in years in the UK, France and US
  • While Russia and China have come to dominate production volumes globally, the quality remains uncertain
  • So Australia’s high-quality high-protein wheat could soon be in strong demand for export

The generic wheat futures prices remain stu…

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