The price of wheat, which had tested record highs earlier in the Russia-Ukraine conflict, plunged as much as 7% after reports that talks between Russian and Ukrainian negotiators.
Russia’s invasion of Ukraine threatens a big portion of the world’s wheat supply and has sent prices on a dizzying ride to new highs as well as the sharpest weekly drop in years.
Starting now, no more wheat, oats, millet, buckwheat, sugar, live cattle, meat or other products will be allowed for export out of Ukraine. Citing the Russian invasion, Ukraine officials issued [.]