Global food crisis: India considers restricting wheat exports, Brazil says it will face heavier responsibilities
India, the world's leading wheat exporter, is considering limiting wheat exports after the country suffered its hottest March on record, Bloomberg reported Wednesday, citing people familiar with the matter. Wheat futures jumped 4 percent at one point on the news at Chicagoland.
India's capital city of New Delhi, for example, this region from mid-March onwards the highest temperature always stood above 35 degrees Celsius, and in April and May, the highest temperature breakthrough 40 degrees became daily, many days even to the evening temperature is still higher than 30 degrees. The high temperature and humidity not only directly killed the crops, even to life also posed a threat.
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