Tag: Food exports

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China Prepares for ‘Severe, Long-Lasting Drought’

A severe drought in China is impacting food prices there and even, potentially, the situation in Egypt. From AP:Premier Wen Jiabao led a State Council meeting Wednesday on increasing grain production in the country that’s both the world’s largest wheat grower and largely self-sufficient in supply. The U.N.’s food agency has warned that the monthslong drought is driving up the country’s