Flooding in eastern Australia is hurting the quality of the wheat harvest in one of the world’s biggest exporters, worsening a global shortage of the high-grade variety used to make bread and ramen noodles. Know more:
Flooding in eastern Australia is hurting the quality of the wheat harvest in one of the world’s biggest exporters, worsening a global shortage of the high-grade variety used to make bread and ramen noodles.
“People are like—you know what, I’ll make do with what I’ve got, I just want whatever I can get,” Maxwell said in a phone interview. With analysts and farmers just starting to get a clearer idea of the “patchwork of good to bad” in terms of the harvest, all signs point to higher prices for any grain that offers the bare minimum in terms of protein content, Maxwell said.
The most severe drought in a millennium led to well over a half million acres of idle fields in 2022, researchers said in the report looking at how California’s driest three-year period on record has impacted the US’s largest agriculture producer.
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