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المشهد العربي
Wheat, corn, soy prices hit three-year high
Wheat, corn, and soybeans prices have reached their highest levels in nearly three years, due to disruptions in global grain supplies caused by mutual military conflicts between Russia and Ukraine in the Black Sea. This has led to a nearly complete halt of grain shipments from the affected ports, putting additional pressure on the global market. Unstable weather conditions in the United States and increasing demand from China have also contributed to the rising prices. Futures contracts for wheat have increased by 2.17%, for soybeans by 1%, and for corn by 0.23%.
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