The Guardian Australia – Business ·business ·2 hours ago

Wheat prices surge nearly 4.5% amid Iran war and drought concerns

Wheat prices surged nearly 4.5% this week, marking their largest increase since February as the Iran war threatens food security. Humanitarian group Mercy Corps warns that disruptions are affecting import-dependent countries, with 45 million more people potentially facing acute hunger globally. Drought conditions in the U.S. and other regions further exacerbate the situation.

Summary by Glance · The Guardian Australia – Business

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