Aug 02 2018, 3:30 AMAug 02 2018, 1:49 PMAugust 02 2018, 3:30 AMAugust 02 2018, 1:49 PM
Dry conditions across Australia 's biggest wheat-producing regions has pushed up hard-red winter wheat prices up by 10% and the soft-red variety by 10% on the Chicago Board of Trade . last month crop predictions suggested a harvest of 21.9 million metric tons , the smallest in last month , while June , National Australia Bank warned wheat output could drop below 20 million tons . The estimates have prompted fears about insufficient animal feed supplies and a drop in exports.