Wheat prices surge 9% as Russian sanctions upend commodities markets

February 28, 2022 9:59 AM

SINGAPORE (BLOOMBERG) – Wheat and corn soared on Monday (Feb 28) after Western nations imposed tougher sanctions on Russia for the invasion of Ukraine, upending global commodities markets and threatening further increases in food inflation.

Source : https://www.straitstimes.com/business/companies-markets/wheat-prices-surge-9-as-russian-sanctions-upend-commodities-markets