‘Uncertainty’ in wheat market expected following abandoned Russian deal

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 78%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

ABARES Executive Director Jared Greenville says Australian wheat producers should expect volatility in the market following Russia’s withdrawal from a deal to allow food shipments from Ukraine.

“This step to stop the Black Sea trade will add a significant amount of volatility to world markets,” Mr Greenville told Sky News Business Editor Ross Greenwood.

“That uncertainty is really a key kind of bit of information that’s going to drive some of the outcomes we see in world markets.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines