World wheat prices rise after Russian attack on grain carrier in the Black Sea.
13.09.2024
1551
Journalist
Shostal Oleksandr
13.09.2024
1551
Wheat futures have risen sharply, reaching their highest level in the last 2 months. The reason for this is Ukraine's statement about a missile strike on a Russian grain carrier in the Black Sea. After this, the ship crossed into Ukrainian waters.
On the Chicago exchange, the price of wheat futures rose to $5.9175 per bushel, a record since July 2024.
This price movement coincides with a period of low wheat harvests in leading producer countries, as well as the expected reduction in wheat supplies from exporters.
Source: Ekonomichna Pravda
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