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Asia’s Middle Class Changes Demand for Wheat Grain Exporters

Asia’s growing middle class is stimulating demand for grains, especially wheat-based foods. The increase in demand is a consequence of changes in the tastes and diets of this segment of the Asian economy and marks a boon for wheat exporters such as Australia and the United States. Recent analysis indicates the demand for wheat-based food will continue in the years ahead, posing challenges for the global food industry. The Organization for Economic Cooperation and Development says by 2030...

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