The news from the commodity trading people is that wheat prices are surging, a result of the crisis in the Ukraine and fears of a disruption there. This region is a major wheat exporter. Combined wheat exports from here will be approximately 26 million tonnes (about 17% of the world trade), according to the latest figures from the US Department of Agriculture.
Read about the wheat industry in South Africa (and globally) in the wheat chapter of The Agri Handbook.
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