The European Union is planning a €100 million farm assistance package as countries bordering Ukraine have begun restricting imports of Ukrainian grains, which they say have pushed down domestic prices, Reuters reported, citing a European Commission spokesman.

Australia was the largest wheat source to China, with over 52 pc of the nation's imports in the past two months shipping from that origin. China received 771,320 t of French wheat in January-February, accounting for 26 pc of the total. Canada delivered some 518,700 t of products in the same period, becoming the third-largest exporter to China.