Australia:AWB Says Wheat Sales to Benefit From Europe, Russia Weather

Australian wheat sales will benefit from adverse weather conditions affecting Russia, Kazakhstan, Canada and Europe and quality issues will create opportunities, AWB Ltd. General Manager Commodities Mitch Morison said in a statement today, reported NA “Kazakh-Zerno” with reference to the “Bloomberg“.

“Consumers of Russian and higher-protein German wheats will need to source grain from alternative suppliers; this translates as increased demand for Australian wheat into African and Middle Eastern markets,” Morison said in the statement.

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