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Global wheat prices hit record high after India bans export
short by Sakshita Khosla / on Monday, 16 May, 2022
After India banned wheat exports earlier this week, wheat prices touched a new record high of €435 ($453) per tonne as the Euronext market opened on Monday. The prices had reached the previous record high of €422 on Friday, as supplies from Russia and Ukraine (both major wheat exporters) have been disrupted. Wheat futures traded in Chicago also rose 5.9%.
read more at Moneycontrol