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It's a scorcher: dusty wheat fields spell peak for global glut

Dry, hot weather in most places is taking its toll on crops; global output is forecast to fall for first time in five seasons

One bright spot for production is in Russia, which is expected to leapfrog the United States to reclaim its position as the world's No 1 wheat exporter in the 2017-18 season.


IT'S finally starting to look like the world wheat glut has peaked.

Dry, hot weather from the United States to Europe is taking its toll on crops, and the US government is forecasting global output will fall for the first time in five seasons.

The adverse conditions...

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