Wheat rebounds from 3-week low with Black Sea supply in focus

[AJBot]

SINGAPORE -- Chicago wheat futures gained ground on Monday with prices rising 0.8% on concerns over supplies from the Black Sea region and crop damage from widespread rains in Australia. Read More ...

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[Bookwormlux1]

The Russia and Ukraine war has really affected global supply of wheat and made it to increase in price.

We're optimistic that things would go back to normal within short period of time.

 

[Ebro01]

Due to the on going war between Ukraine and Russia,alot of price of commodities has gone higher. For example Gas, Diesel, petroleum spirit and the likes not only wheat and black Sea supplies. This has affected even the constant rise of the dollars used for trading in different places around the globe.

 

[nana kwasi1]

As for me, starting a small business is a great idea and a good thing, but it's not simple in my country, Nigeria, because the same area you are in will see other people starting businesses there once they notice that you are making sales.

 

[Kvngsammy]

Of course they'll rebound considering the war going on in Ukraine - they're the world's largest producers of wheat and sure the instability will affect them. I'm just so saddened my country can't take advantage as well.