US EditionChina buys Canadian, Australian wheat as heat hits crop, traders say
- Chinese buyers recently purchased between 400,000 and 500,000 tons of wheat from Canada and Australia amid heat and drought in key growing regions.
- This buying follows warnings from Henan province and the Chinese resources minister about severe drought and high temperatures threatening wheat production this season.
- Henan, known as China's granary and producing about a third of national wheat, is facing a 90-day rainfall deficit and temperatures above 35 degrees Celsius during critical crop stages.
- A German trader remarked that purchases of Chinese wheat and barley imports have remained minimal over the last year, and these recent transactions represent the first significant agreements observed in quite some time.
- These purchases and weather risks indicate China could increase wheat imports if domestic yields fall, despite holding large inventories and recent years of increased production.
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China pushes the alarm button as heat returns, diminishing wheat yields
Harvesting of wheat in Suixian County, Henan province. Photo credit: Xinhua. By Anders Lorenzen China’s bread basket, the province of Henan, is becoming increasingly concerned that climate impacts could seriously weaken its wheat yields. Henan, ‘China’s granary’, is worried about diminishing wheat yields Henan, the 5th largest Chinese provincial economy and, if it were a country, the 18th in the world, accounts for 28% of Chinese wheat productio…
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