Global Wheat Prices Plummet to Five-Year Low as Russian Exports Surge and Supply Glut Intensifies
Chicago wheat futures tumbled to their lowest levels in five years on Tuesday, as increasing exports from top shipper Russia raised concerns about abundant global supply that continues to weigh heavily on international grain markets. The most-active wheat contract on the Chicago Board of Trade (CBOT) fell 0.6% to $4.93-3/4 a bushel at 0553 GMT […]