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Wheat, Rice Prices Surge in Coronavirus Lockdown

Countries that rely on imported grains to feed their populations have ramped up purchases

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Consumers are loading up on pasta, rice and bread. Farm supply lines are disrupted. Countries are restricting agricultural exports.

The result: Prices of wheat and rice, two of the world’s staple grains, are rising sharply, reports The Wall Street Journal.

Difficulties moving grain within countries and across borders, coupled with frenzied buying, could exacerbate the impact of the pandemic on the global food market.

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