Wheat prices have skyrocketed again on Monday, shortly after Russian forces struck the southern Ukrainian port of Odesa. The prices had finally fallen to pre-war levels late last week after Russia and Ukraine agreed on a deal to release the exports of wheat. Chicago wheat futures surged as much as 4.6…
The global price of wheat has fallen to pre-Russian invasion levels following the Friday announcement that Russia and Ukraine have struck a deal to unblock exports. Global wheat prices fell by 6 percent on Friday following the deal between Ukraine and Russia. The drop has brought prices of the staple…
India has banned almost all exports of wheat after expressing concerns over food security, according to reports. The Indian government cited the heightened risk to food security in the country and some of its neighbors arising from a sudden spike in the global prices of wheat. India’s Directorate of Foreign…