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Business & Economics

Weak Chinese demand leaves Australia with too much wheat

Reuters
Summary
Nutrition label

77% Informative

Australian wheat inventories will likely be much higher than last year at the end of the season , pressuring prices.

A fire sale of stored grain may be necessary to clear space before the new wheat harvest in the last quarter of the year .

Australia sent just 546,000 metric tons of wheat to China during the October to March period .

VR Score

90

Informative language

99

Neutral language

16

Article tone

formal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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