BLOOMBERG
Rebounding wheat harvests...especially from last year's drought stricken nations of Ukraine and Russia...are driving down the price of wheat....to levels not seen in 3 years.
In Chicago...wheat plunged 21% to $6.24 a bushel this year...and may drop to $5.90 before January.
Inventories are estimated to grow by 5%...to 684 million metric tons...the highest in a decade.
Popular Posts
- KYRGYSTAN / CANADA : 3 MPs Arrested After Violent Gold Mine Protest.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- EU / SPAIN / PORTUGAL / ITALY / GREECE : Solidarity Strike Causes Travel Misery Across the Eurozone; Clashes/Arrests/Injuries In Athens, Madrid.
- HUNGARY: 23 April UPDATE: Hungary Denies Threat To Roma After Red Cross Evacuates 277 Roma From Gyongyospata...Fearing Vigilantes.
- ITALY : Oh, No! Silvio's Spectre Returns.
- AUSTIN,TEXAS: Lance Armstrong Still Under Seige For Doping Charges.
- RUSSIA / CHECHNYA : VIDEO/ FOTOS: 40 Story Grozny Skyscraper Burns.
- UKRAINE : 04 Dec UPDATE: Kyiv Girl Wins Junior Eurovision Contest; 4 Nations Will Skip Eurovision 2013.
- BRASIL:1ST UPDATE: Natives Protesting Hydro Plant Release 5 Of At Least 155 Hostages.
- PERU: Voters Feel Like They Must Choose Between...Hitler And Darth Vader; Smears Increase Before Vote.