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Russia's withdrawal from a UN-brokered deal to export grains through the Black Sea deepened fears of worsening the situation in the wheat and wheat-based food products market. Although Moscow had stopped short of reimposing a blockade, the price of wheat in the international market has already registered an upward movement. Russia's U-turn has already pushed wheat prices up by
The lowest stock of wheat registered in India in 14 years and surging dollar prices mean Bangladesh's wheat troubles are still far from over. On Saturday, price of wheat went down by T4 to 5 per kilogramme as India resumed exports through the Hili Land Port in Dinajpur. This, however, would bring a short-term respite. Haroon Ur Rashid, president of Hili Land Port