 "Wheat")
International wheat prices jumped to a record high on Monday as an export ban by India, the latest country to use trade curbs to counter food inflation, threatened to further squeeze world wheat supply strained by the war in Ukraine.
The price, which was already high in the wake of Russia's invasion of major wheat exporter Ukraine, jumped to €435 ($453) per tonne as the European market opened. Benchmark futures in Chicago rose as much as 5.9 per cent to $12.475 a bushel, the highest in two months and within about $1 of the all-time high set just after Russia’s invasion.
Wheat
