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Grain Prices Go Down After Putin’s Pledge Global grain prices | Politico Trump

Grain Prices Go Down After Putin’s Pledge

Global grain prices have fallen to April levels following Russian President Vladimir Putin’s promise to ensure the safe export of Ukrainian grain through Black Sea ports controlled by Russia.

Wheat was trading at $10.4 per bushel (27.2kg) on Friday, data from the Chicago Board of Trade shows. That was its lowest price since April 7.

Prices of corn for animal fodder were also down this week, falling to $7.27 per bushel.