Commodities
Wheat Prices Plummet to Two-Week Low Amid Diplomatic Efforts
The price of Wheat has fallen to its lowest level in two weeks, reaching $7.10 per bushel.
This decline comes as traders weigh diplomatic efforts to end Russia's war in Ukraine against continued disruptions to Black Sea exports.
Profit-taking after a strong rally also contributed to the decrease in prices, which had previously reached a three-and-a-half-year high of $7.70 on August 28.
Ukraine's recent attack on Russian port facilities has renewed concerns over disruptions to trade in the region.