Page 4 - Eric Itambo News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Wheat prices soar on Ukraine fears, but US growers can't cash in

While some North American millers have said they have enough grain on hand from past harvests to continue producing for several months, prolonged or repeated disruptions to grain trading could eventually contribute to already-inflated food prices.

While some North American millers have said they have enough grain on hand from past harvests to continue producing for several months, prolonged or repeated disruptions to grain trading could eventually contribute to already-inflated food prices.

While some North American millers have said they have enough grain on hand from past harvests to continue producing for several months, prolonged or repeated disruptions to grain trading could eventually contribute to already-inflated food prices.

Futures prices for corn and wheat had rocketed so abruptly that many along the complex chain of grain handling — local farm cooperatives, grain elevators, flour millers and exporters — stopped buying for fear they couldn't resell at a profit.