Monday’s Russian strikes on the country have driven up wheat prices, with experts now concerned about the grain deal’s fate Wheat prices jumped nearly 8% on Monday on news of explosions in the Ukrainian capital and other cities, trading data shows. According to analysts who spoke to Bloomberg, the rising prices are due to the escalation in the conflict between Moscow and Kiev, which has placed the Ukraine grain deal, due to expire in about a month, in jeopardy. “The beginning of the week could be very nervous with the risk of increased tensions in the Black Sea basin,” Paris-based analytics firm Agritel told Bloom
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