Global wheat imports are expected to decline due to slowing economic growth among top buyers, a stronger dollar, and higher local cereal output. China, Indonesia, and Egypt, three of the largest wheat importers, are all expected to reduce their purchases. Higher Chinese wheat output and a rebound in Indonesia's rice production will limit shipments to those countries, while a larger crop in Iraq will decrease its need for imports. The declining imports come as global stockpiles of wheat are tightening, with inventories projected to reach a nine-year low by June. The cost of foreign wheat imports has also increased due to the weakening of emerging market currencies against the dollar.