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China’s Main Wheat Growing Region Escapes Drought, Wanda Says

Wheat crops in China’s Henan province, the country’s biggest grower, have escaped significant damage from drought so far, said Wanda Futures Co., the second-biggest brokerage on the Dalian Commodity Exchange.

Dryness has been experienced in parts of the region including northern Henan, analyst Li Jingwei said from Zhengzhou, the province’s capital. Wheat in central Henan and other important growing-areas are developing well, he said.