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According to the spring 2022 edition of the short-term outlook report published by the European Commission, EU grain production is projected to reach 297.7 million tonnes for the 2022 harvest. The Commission forecast that EU grain exports would increase by almost 40% to 41.4 million tonnes in 2022/23 season.

China is said to be planning a shake-up of its massive state-run food companies in a move that’s se...