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Australia's record grain harvest could help address global shortages caused by Ukraine war
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Wheat output in Australia is due to increase by 5 per cent from the previous year.
PHOTO: BLOOMBERG
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SYDNEY - Australian farmers are experiencing bumper grain harvests that could help to address shortfalls caused by the war in Ukraine, which has already led to surging prices of grains and other staples.
Ukraine is one of the world's most fertile countries. The nation and its neighbour Russia account for 25 per cent of global wheat exports and over 30 per cent of barley exports.
