High demand: An agricultural drone sprays fertiliser on a wheat field in Daliuzhuang village, Shandong province. China’s wheat crop is the largest in the world, three times larger than the US crop and almost 80% larger than No. 1 supplier Russia. — China Daily/ANN
GLOBAL wheat supplies are already set to be very tight by mid-2022, but top producer China’s struggling wheat crop could keep a chokehold on stocks into next year.
That means China might keep its role as a key wheat importer over the next year or so, which may work in its favour given its recent trade agreement with top exporter and now global pariah Russia.
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