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CropGPT - Wheat - Week 38
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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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