Wheat rises as Ukraine grain ship hits mine, escalating tension

Wheat futures climbed after a vessel preparing to load grain from Ukraine hit a mine in the Black Sea.


India considers scrapping wheat import tax to cool prices

The government is considering cutting or scrapping a 40% duty on wheat imports.

Russia-Ukraine crisis

Russia resumes Ukraine grain-export deal in abrupt reversal

Chicago wheat futures were down 6.7% as of 2.10 pm London time, the most since March.


World food prices post biggest decline since 2008 in July

Still, prices remain elevated, putting pressure on low-income households and worsening global hunger.

Russia-Ukraine crisis

Russian Odesa missile strike tests Ukraine grain export deal

Russia attacked Odesa’s sea port with cruise missiles hours after signing a deal to unblock Ukrainian grain exports
Ukraine, Russia reach deal to unblock grain exports stranded by war - THE EDGE SINGAPORE

Russia-Ukraine crisis

Ukraine, Russia reach deal to unblock grain exports stranded by war

The deal could take some pressure off food prices that surged to records levels in recent months


Food inflation fears abate as cooking oils and grains plummet

Prices are now back to levels before the invasion.

Global Economy

Briefs: Wheat surges to highest since 2008 on fears of supply shortage

Quoteworthy: "I think we best prepare now with a longer runway." — Defence Minister Ng Eng Hen

Turning La Niña from investment bane to boon

SINGAPORE (Aug 23): Understanding La Niña weather patterns would greatly benefit investors in discovering emerging opportunities and ideas, says Deutsche Bank.