Flood of Russian wheat halves world prices from wartime high ...Middle East

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Flood of Russian wheat halves world prices from wartime high
Kremlin price floors fail to prevent slide in wheat market Aine Quinn; Bloomberg 17 September, 2023, 09:15 am Last modified: 17 September, 2023, 09:20 am Intense diplomatic efforts helped free Ukraine grain shipments to feed the world. Photo: Bloomberg “> Intense diplomatic efforts helped free Ukraine grain shipments to feed the world. Photo: Bloomberg Russia’s second consecutive bumper wheat harvest is reinforcing its position as the No. 1 exporter, but it’s also easing price pressures stemming from Moscow’s invasion of Ukraine. The Kremlin’s war — including blockading and bombarding ports — has hobbled Ukraine’s

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