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Australia Raises Wheat Crop Forecast as Export Demand Picks Up

Bloomberg Markets Monday 31 August 2026, 22:00 UTC By Ben Westcott 1 min read
Key Points

Australia raised its wheat crop forecast after strong winter rains improved growing conditions, just as the worsening Black Sea crisis creates additional demand for the country’s grain.

Australia raised its wheat crop forecast after strong winter rains improved growing conditions, just as the worsening Black Sea crisis creates additional demand for the country’s grain.
Australia (LOCATION) Export Demand Picks (ORG) Black Sea (LOCATION)
Originally published by Bloomberg Markets Read original →

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