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The International Grains Council (IGC) said on Thursday the world's wheat area for the 2020/21 season is expected to expand by 1%.

In its monthly update, the inter-governmental body forecast a total world wheat area of 218 million hectares, with the area for harvest in Russia, the world's top wheat exporter, projected to expand.

By contrast, wet weather has interrupted autumn fieldwork in parts of the European Union, it said, while dryness in Ukraine has lead to a significant drop in the wheat planting area.