Wheat price shoots through the roof

The current price developments for wheat have never been seen before. Higher, higher and ever higher the price goes. And in extremely large steps. Wheat has seen unprecedented price increases in the past week. The March contract rose by 60% to 1,348 cents per bushel. In addition, the euro fell from $1.12 to $1.09. The result is that the price, converted into euros, rose even more (+65%), to €455 per tonne. Price increasing daily Normally, the price of this product moves at (much) less than