Wheat Jumps Most Since War in Ukraine Due to Weather Swings.
In: Bloomberg.com, 2024-06-03, S. N.PAG
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Zugriff:
Wheat prices have surged due to extreme weather conditions in Ukraine and Russia, two major global wheat exporters. The dry weather and unseasonal frost have damaged crops, leading to concerns about rising food costs. Ukraine is expecting its lowest wheat crop in over a decade, while Russia may declare a national emergency after frost devastated hundreds of thousands of hectares of crops. Other factors contributing to the price increase include dry weather in Australia and India's shift to becoming a net importer. The global stockpiles of wheat are expected to reach a nine-year low. [Extracted from the article]
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Wheat Jumps Most Since War in Ukraine Due to Weather Swings.
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Autor/in / Beteiligte Person: | Quinn, Áine ; Safronova, Olesia ; Bergin, Celia |
Zeitschrift: | Bloomberg.com, 2024-06-03, S. N.PAG |
Veröffentlichung: | 2024 |
Medientyp: | serialPeriodical |
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