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Asian Wheat To Face Headwinds Amid Uncertain Trade Flows

Argentina emerged as a competitor to Australia and Black Sea in the Asian wheat market in 2019 but that trend could be derailed in 2020 after the South American country’s new government raised grains export taxes, including on wheat, casting uncertainty over farmers’ planting plans and future production and exports. According to reports, with Australian production in doldrums due to persistent drought ...

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