Epress.am News from Armenia
The price of wheat in the international market continues to drop. According to the Chicago Stock Exchange, one bushel of wheat (27.3 kg) has dropped by 0.4%, down to $7.0475 USD.
Experts link the drop in wheat prices to changes in the weather in Russia and the Ukraine. According to weather forecasts, there will be heavy rains in the European territory of Russia, southern Ukraine and Kazakhstan this week, which is enough to secure the necessary dampness in the soil. Meteorologists are forecasting 5 days of rain.