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Economy

“Wheat prices soar for a third day as Russia-Ukraine tensions stoke fears of major food crisis”

“Wheat prices rose on Thursday after Russia threatened to treat ships heading for Ukrainian ports as military cargo carriers, deepening fears of a global food security crisis. It marks the third consecutive day of price rises. The most actively traded… Continue Reading…

Economy

“Farmers Set to Abandon US Wheat Crops at Highest Rate Since 1917.”

” America’s wheat fields have become so plagued by drought that farmers are now poised to abandon crops at the highest rate in more than a century. Producers are expected to harvest about 67% of their planted acres, the US Department… Continue Reading…

Economy

“U.S. Winter-Wheat Acres Set to Drop to Lowest in 110 Years”

“… Dogged by lower prices and tepid demand, U.S. wheat farmers are poised to plant the fewest acres of winter varieties in 110 years… …World supplies are so plentiful that futures for hard red winter wheat are down about 15%… Continue Reading…