Wheat Exporters in Australia Look Past China to North Africa

  • Growers set to harvest second-biggest crop ever after rains
  • Weather issues in northern hemisphere open way for sales
Photographer: David Gray/Bloomberg
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From mounting tensions with China to trade disruptions caused by the coronavirus, Australian agriculture has been hit by a raft of curve balls in recent months. Still, for wheat farmers, the outlook has seldom been better.

Australia is one of the world’s leading exporters of the ubiquitous staple used in everything from bread to pasta and cakes, and this year the country’s on track to harvest its second-largest crop everBloomberg Terminal -- more than 30 million tons -- after widespread rains turbocharged production.