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Heavy rain causes flooding in Australia

AnalysisBy our team of market reportersPublished: May 27, 2025

The weather in Europe is not entirely cooperating, but the European Commission remains relatively optimistic about the expected grain harvest in the EU. Completely different problems are occurring in Australia. After heavy rains in New South Wales, rivers have overflowed with all the consequences. The Australian government has set up an aid program for the over 50,000 affected in the area. However, critics argue that this is insufficient to quickly help farmers in the province.

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