Wheat prices hit 14-year high, food shortage fears
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Posted On: 03/08/2022 2:04:00 PM
Wheat prices hit 14-year high, food shortage fears rise
https://www.foxbusiness.com/economy/wheat-pri...tage-fears
Quote:
Russia and Ukraine account for around 29% of global wheat exports
Russia and Ukraine account for around 29% of global wheat exports, 19% of global corn supplies, and 80% of the world’s sunflower oil exports. This reliance has many traders worried that any further military force could trigger a massive scramble by food importers to replace supplies normally sourced from the Black Sea region.
https://www.foxbusiness.com/economy/wheat-pri...tage-fears
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