Business & Finance
Australian Wheat Crop Expected to Drop 26% on Weather, War Costs
Key Points
A stockpile of wheat in a warehouse at a Riordan Grains storage facility in Balliang, Victoria, Australia, on Tuesday, Nov, 9, 2021. For the second season in a row, the stars are favorably aligned for Australian wheat growers -- a bumper harvest, a shortage of one of the world's most important foods and global prices near nine-year highs.
A stockpile of wheat in a warehouse at a Riordan Grains storage facility in Balliang, Victoria, Australia, on Tuesday, Nov, 9, 2021. For the second season in a row, the stars are favorably aligned for Australian wheat growers -- a bumper harvest, a shortage of one of the world's most important foods and global prices near nine-year highs.