Global demand dwindles domestic stock.

Previous imports impacted by lessened demand due to COVID-19.

ABARES says Australia wheat growers unlikely to benefit due to the countries’ ongoing trade tensions.

Goal is to increase domestic production.

It will include oversight of stocks in regions and provinces in addition to its central state stockpile.

Country cites COVID-19 and food security uncertainty as source for escalating prices.

Poor domestic crop, uncertainty over Brexit driving large increase in imports.

Nation brought in 8.69 million tonnes of the oilseed in October.

Drought reduced harvested area and corn yield.

The country’s soybean production ticks up slightly.