Wheat soars more than 5% as a poor US harvest and India’s grain-for-fertilizer swap deal threaten global supply

Wheat prices jumped by the most in almost a month on Monday, after India and Egypt considered a deal to swap grain for fertilizer and as the US government predicted a poor harvest that could put global supply under even more pressure. Chicago wheat futures rose by as much as 5.4% to $10.95 per bushel, … Continue reading Wheat soars more than 5% as a poor US harvest and India’s grain-for-fertilizer swap deal threaten global supply