ROME, ITALY — Global wheat production is expected to reach a new record of 780 million tonnes in 2021, according to a preliminary forecast issued March 4 by the Food and Agriculture Organization of the United Nations. The record forecast reflects an anticipated rebound in production in the European Union that is expected to more than offset weather-impacted production prospects for output in the Russian Federation. The preliminary forecast for 2021 was issued along with the FAO’s Food Price Index, which the agency said rose . . .

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