Saturday, 5 March 2011
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China wheat crops safe, may ease concerns of further price rise
BEIJING (Commodity Online) : Subsequent to reports that China may face a winter wheat crop failure, the country's top agricultural official has clarified that the crop situation may not be as bad as anticipated.This declaration may ease concerns in the global market of a potential wheat price rise that would have occurred had China entered a shopping-spree-mode for wheat.According to Chen Xiwen,
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