Wheat prices rose after Putin's statement

07.09.2022,16:27


September 7, Fineko/abc.az. Wheat prices increased more than by 4% after the words of Russian President Vladimir Putin criticizing the grain corridor.

ABC.AZ reports that Putin said that most of the cargo carried out under the grain corridor agreement, envisaged in July, is sent to Europe, so low-income countries will not be able to benefit from the agreement.

Wheat futures prices rose sharply after Russian President Vladimir Putin criticized the Ukrainian grain contract.

Thus, wheat futures in Chicago rose by 4.5% to $8.5375 per bushel, eliminating intraday losses.