Global Wheat Market Highlights 

• Argentina: Wheat yield threatened by dry, hot weather; urgent rainfall needed despite fewer frost issues.
• Global Trends: Wheat and corn output declines; lowest grain stocks in a decade projected.
• Brazil: Tariff-free wheat imports from the U.S. and Russia; strong domestic production at 8.8 million metric tons.
• Ukraine: Persistent drought but aiming to sow up to 5 million hectares of winter wheat.
• India: High wheat prices despite government measures to reduce hoarding and stabilize supply.

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