Despite bumper harvests in recent years, officials and experts warn that China's grain security still faces potential risks as over 35m metric tonnes of grain are wasted each year from poor storage and transportation, Global Times and China Daily report.

BBC: China media: Housing law anger

The Russian Grain Union on Monday lowered its forecast for the 2010 harvest to between 72 million and 78 million metric tons, helping boost Chicago wheat futures to the highest level in 22 months.

WSJ: Russia Plagued by Forest Fires, Wilting Grain