Economy

Supply worries push up crops prices, soybeans reach a two-week high 

Follow-ups -eshrag News:

Author: 
Tue, 2022-03-22 16:24

RIYADH: Supply worries have pushed up crop futures, with soybeans reaching a two-week high at $17, Bloomberg reported.

Following Russia’s invasion of Ukraine, the world’s big importers are seeking grains from other suppliers, driving wheat prices up. 

India is currently in talks with Egypt, the world’s biggest wheat importer, to begin grain shipments and is also in discussions with China and Turkey, Bloomberg reported.

 

Main category: 
Business & Economy
Tags: 
crops
wheat
Soybeans

Markets update — Yen fell, Mining stocks gain, wheat rises, corn and soybean ease

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