Published by
Reuters UK
Reuters UK
By Naveen Thukral SINGAPORE (Reuters) – Australia is poised for a third year of near-record wheat production in 2022 as good weather boosts planting across its grain belt, easing concerns over tight global inventories. World wheat supplies have tightened after Russia’s invasion of Ukraine earlier this year cut off shipments from one of the top exporting regions, sending grain prices sharply higher and fuelling fears of a global food crisis. India’s recent move to ban exports and adverse weather in the United States have added to concerns over the availability of food grains. Benchmark Chicago …