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Australia’s bumper wheat crop faces export constraints


SYDNEY — Australia is forecasting another bumper wheat harvest following above-average rainfall on its east coast, but supply chain bottlenecks could limit its ability to export more and ease concerns over the global food security.

Russia’s invasion of Ukraine pushed wheat prices to record highs earlier this year and led some major producers, including India, to ban exports. Rising wheat prices have added to inflationary pressures, threatening the global economic recovery from the Covid-19 pandemic.

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