Global Wheat Prices Reach Record High

Wheat prices surged to a new record high on Monday after India decided to prohibit exports of the commodity as a heatwave hit production. The price climbed to $453 per ton as the European market opened. Soft red winter wheat for July delivery rose 4.2%. Media reports said: India, the world’s second-largest wheat producer, said this weekend it was curbing[Read More…]
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