TOKYO -- The unrelenting drought ravaging Australia is disrupting international markets for agricultural products, as reduced exports of wool, wheat and sugar from the continent have pushed up prices in recent months.
Commodities
Historic drought in Australia rattles global farm goods market
Wool, wheat and sugar prices spike as exports dwindle
Wool prices are on the upswing due to the extended drought in Australia, which supplies 40% of the global market. © Reuters
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