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03/10/2022
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By Mary Villareal
Price of wheat soars to record high as war between Russia and Ukraine continues
The war between Russia and Ukraine has already driven up gas prices. Now, the price for wheat has also surged to its highest level. Wheat price is now at a record $12.94 per bushel, up 70 percent over the last month, as measured by a futures contract on the Chicago Board of Trade. The conflict […]
03/10/2022
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By Ethan Huff
GLOBAL SHOCKWAVE: Russia announces plans to ban commodity exports following Western sanctions
Though he has not yet specified which goods will be restricted, Russian President Vladimir Putin has promised that some commodities and raw materials will soon be banned from export in response to Western sanctions against the Federation. In a decree issued Tuesday night, March 8, Putin gave the Russian cabinet two days to come up […]
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