Wheat prices have fallen 55% from a recent peak of $11.78 a bushel on May 9, 2022, during the initial part of Russia’s invasion of Ukraine.

The price of wheat rose to as much as $11 per bushel last June, far higher than the typical cost of between $5 and $6 per bushel, elevating prices throughout the baked goods supply chain, Blohm added.

LONDON (AP) — Global prices for food commodities like rice and vegetable oil have risen for the first time in months after Russia pulled out of a wartime agreement allowing Ukraine to ship grain ...

Prices for wheat and corn surged after the war in Ukraine started on fears the conflict could disrupt shipments from two of the world's top grain exporters. However, they have since fallen back to ...

Consumers facing higher prices for products made with corn and wheat could be in for more pain as global supplies grow tighter because of Russia's invasion of Ukraine. Wheat prices jumped 37% and ...

Ukraine, which accounted for 9.2 per cent of global wheat exports in the 2021-22 season, the last before the invasion. That is expected to fall to 6.4 per cent for the 2023-24 harvest season, S&P ...