Drought, excessive rainfall and protectionist measures by major powers such as China and Russia could lead to shortages and price increases. Photo: Canva
The new wheat harvest is just around the corner. In anticipation of this, a decline has occurred. The European market followed Chicago’s lead, wheat fell by 3% last week, Agritel and IGC (International Grains Council) report. However, there is no pessimism among sellers. Price recovery is possible. The area of wheat on the world market has not increased, preliminary figures show. While major producers, such as China and Russia, may hold onto stocks. They do this to secure the supply o
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