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Daily Memo: On Ukraine and Global Wheat Prices
Spillover effect. Global wheat prices soared to their highest level in three years on Thursday over concerns of further escalation in the Russia-Ukraine war.
The price of Chicago wheat increased 2.6 percent, reaching its highest level since July 2023.
Over the past month, the price has jumped 18 percent. The spike comes amid reports that […
] The post Daily Memo: On Ukraine and Global Wheat Prices appeared first on Geopolitical Futures.
Source: Geopolitical FuturesOriginal source
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