Sunday, 22 May 2011

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Wheat prices to soar as drought deepens

  • Sunday, 22 May 2011
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  • The food industry is on red alert again over wheat - and this time it's wheat used in food, rather than feed, that's most at risk. This spring's dry weather is threatening wheat crops in Europe's key growing regions, with some growers in the east of the UK reporting yields down 25% on 2010. On the Continent, French wheat is forecast to be down 11.5% year-on-year, with German output down



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