RSS
Wheat prices plunged nearly 3 percent Monday after Russia said it will not limit grain exports this year. The decision could increase competition for U.S. wheat in the world marketplace.
Russia had been one of the leading exporters of wheat and other grains until 2010 when it banned exports after a drought caused significant crop damage. Wheat prices skyrocketed that summer because of concerns about global supplies………………………………………..Full Article: Source
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Commodities Briefing - Categorized | Agriculture, Market Pulse, Price Watch more
Wheat prices plunge on Russia’s grain export plan this year; other commodity prices mixed
| Posted on 20 March 2012 |
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