date:Jul 18, 2013
lied to ensure ample domestic food supplies, backfired this year as the government approved too much wheat for export based on optimistic early season crop estimates. Now very little remains to be milled into flour for bread.
Argentina's wheat crunch hits at a delicate time for the global market.
Crop damage in China, the world's top grower, may force it to import its largest volumes in two decades. Egypt, the world's top wheat importer, is running out of imported reserves, which could exacerb