China May Become Top Wheat Importer After Crops Ruined
By Niu Shuping and Naveen ThukralWU LIU, China/SINGAPORE (Reuters) - China’s wheat crop has suffered more severely than previously thought from frost in the growing period and rain during the harvest, and import demand to compensate for the damage could see the country eclipse Egypt as the world’s top buyer.Interviews with farmers and new estimates from analysts have revealed weather damage in China’s northern grain belt could have made as much as 20 million metric tons (22....