During the past week since the grain deal was finalized, the cost of September futures contracts for wheat on the Chicago Mercantile Exchange rose 12.3%. This is proven by data trading platform.
When the grain deal ended on July 17, the price of wheat was $6.54 per bushel, and on Monday, July 24, the price rose to $7.34 per bushel.
Last week, the price of wheat on the exchange was constantly changing: at auctions, either a price increase was determined against the background of the statements of the parties to the grain agreement, then it was lowered again. On Monday, July 24, the growth is 5.45%.
At the same time, the price of corn futures rose. On Monday, the value of September futures reached 3.51%, while the price of agricultural products rose $5.55 per bushel.
The Black Sea agreements on grain exports from Ukrainian ports are actually stoped The action of Russia due to non-fulfillment of its conditions.
As he reported “News”experts predicted the growth of the Moscow Stock Exchange index at the beginning of autumn.
Before Putin judicial Losses of Russian agricultural producers from the grain deal.
Source: Gazeta
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