BBCNEWS Why Is Food So Expensive -... June 4, 2024 03:49:00
Collectively, both countries produce 30% of global wheat exports. grain is one of the most important staples in our food system. its the basis of staples like bread, pasta and cereals, and farmers rely on it to feed their animals. when the conflict started the price of grain increased 50% in two weeks. like other commodities, investors speculate on the future price of grain. in march, investors piled into the wheat market because they thought there was a big risk to russian supply of wheat. and ...
Source: archive.org