(Reuters) – China’s wheat crop has suffered more severely than previously thought from frost in the growing period and rain during the harvest, and import demand to compensate for the damage could see the country eclipse Egypt as the world’s top buyer.
Interviews with farmers and new estimates from analysts have revealed weather damage in China’s northern grain belt could have made as much as 20 million tonnes of the wheat crop, or 16 percent, unfit for human consumption. That would be double the volume previously reported as damaged.
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Late Spring frost and early fall frosts are early indicators that the next grand minimum is just over the horizon.