While wheat output forecasts are being revised lower due to dry weather in Australia, the world s second largest exporter, record-low monsoon rains are expected to reduce the volume of crops, including rice, in India, the world s biggest shipper of the grain, meteorologists and analysts said.
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Agriculture companies in China say it will be at least 2024 before genetically modified (GM) corn can be planted commercially, despite a government push to overhaul rules surrounding GM seed breeding.
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