As extreme weather conditions wreak havoc on crops in the Americas and North Africa, Europe’s breadbasket is thriving, with bountiful wheat harvests keeping global food costs under control.
Throughout northern and eastern Europe, fields are plentiful after a heavy spring rain. Good prospects from the world’s major wheat shippers helped prices fall to less than half of last year’s record highs, easing thethe impact of drought in other producing regions and the loss of income caused by the war in Ukraine.
