EXCLUSIVE-CHINA BUYS CANADIAN, AUSTRALIAN WHEAT AS HEAT HITS CROP, TRADERS SAY
https://media.zenfs.com/en/reuters-finance.com/6826ecb6f3446eddaf2fc6e0871ab1e6
✍️ Chinese buyers purchased 400,000-500,000 metric tons of wheat from Australia and Canada, as heat threatens to damage crops in China's agricultural heartlands.
👉 Chinese buyers purchased 400,000-500,000 metric tons of wheat from Australia and Canada 👉 Wheat is of milling quality and expected to be delivered in July or August 👉 This is the first major purchase of wheat from Australia since last year 👉 China has been experiencing hot and dry weather that threatens to damage its wheat crops
-- #MichaelHogan #PeterHobson #GusTrompiz #RodBaker #EllaCao #SimonWebb #LouiseHeavens #Hamburg #Canberra #Paris #Winnipeg #Beijing #Australia #Canada #China #France #Ukraine #business
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