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Pakistan floods hit rice, cotton harvest, wheat planting, threaten global supplies

September 19, 2022 Comments Off

Flooding in key Punjab and Sindh provinces of Pakistan is likely to hurt the country’s rice, cotton, and wheat output in marketing year 2022-23 (July-June), threatening global stockpiles of commodities as supply chains grapple with the disruption caused by the Russia-Ukraine war. Pakistan typically accounts for nearly 10% of global rice exports, according to the US Department of Agriculture. A…