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As Aussie wheat prices in Asia rise, buyers looking to US instead

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Dry weather has led to lower wheat production in Australia this year, forcing farmers to hold back supplies and pushing prices above the international market price.

Singapore

AUSTRALIAN wheat prices have risen above offers being made for US cargoes in Asia, a rare market situation that is expected to drive more purchases from North America, two trade sources said.

Australian wheat exporters made little progress...

sentifi.com

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