Wheat prices to remain high on sharp drop in production

Wheat prices are expected to remain high following a sharp drop in production of the commodity in Ukraine. FILE PHOTO | POOL

The price of wheat is expected to remain high following a sharp decline in the production of the commodity in Ukraine, one of the world’s top exporters.

Production of grain in Ukraine has dropped to 65 million tonnes in the latest crop season from 108 million tonnes a year earlier, according to an official.

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