The European Union is likely to surpass the United States to become the top world wheat exporter next season as high freight rates help EU suppliers tighten their grip on nearby markets in the Middle East and expand sales inAsia. A rise in freight costs has hurt US sales to importers such asEgypt, the world's top wheat buyer.
Wheat| The European Union is likely to surpass theUnited States to become the top world.
June 21, 2014 9:47 AM | Skymet Weather Team