Grain prices fall after Putin pledge ...News

Russia Today - Economy
Grain prices fall after Putin pledge
source : Russia Today ( News ) () 15
The drop to two-month lows comes after the Russian president’s statement on Ukrainian exports Global grain prices have fallen to April levels following Russian President Vladimir Putin’s promise to ensure the safe export of Ukrainian grain through Black Sea ports controlled by Russia. Wheat was trading at $10.4 per bushel (27.2kg) on Friday, data from the Chicago Board of Trade shows. That was its lowest price since April 7, when it was quoted at $10.2 per bushel, and a 10% drop from its peak price in mid-May. Prices of corn for animal fodder were also down this week, falling to $7.27 per bushel. Grain prices rose

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