Posts Tagged
wheat
Bloomberg Business: Wheat’s Roller-Coaster Ride Fuels Biggest Swings in Three Years
©2015 Bloomberg News NM58JC6K50Y1 (Bloomberg) — Wheat traders are suffering from whiplash. Prices swung more than 3 percent on five occasions in the past nine days, the first time that’s happened since 2011, according to data compiled by Bloomberg. A drought spreading over the U.S. plains sent Chicago futures to
Bloomberg Business: Russia Sells Half as Much Wheat Overseas After Government Curbs
©2015 Bloomberg News NLTX626K50YO (Bloomberg) — Russia is exporting half as much wheat as last year after the government started taxing overseas shipments as a way to reduce local food prices. The country will sell 65 percent less wheat in March than the previous year, according to estimates from ZAO Rusagrotrans,