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Western Australian wheat at risk from drought conditions

03.08.2010 12:41 "Agro Perspectiva" (Kyiv) — WHEAT crops in Western Australia, the country’s top grain exporting state are under threat from dry weather but favourable conditions elsewhere in the country could make up for any crop loss, analysts said on Monday. Any indication that the crop in Australia, the world’s fourth largest wheat exporting nation, is endangered could put further pressure on world market prices which have already skyrocketed on fears over drought conditions in Russia.

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