Wheat prices have soared past $10 per barrel, the highest price since 2008 for the staple grain, as a result of Russia’s invasion of Ukraine.
The cost of wheat futures on the Chicago Board of Trade rose by 5.4 percent to a total of $9.84 per bushel, reaching the limit for single-day price variation on this exchange before trading officially opened. On other exchanges, prices were allowed to surpass $10 per bushel, such as on the Benchmark Chicago, which saw wheat prices rise to $10.03 per bushel.
Source:
NTD
