Analyst: Wheat prices decline amid record Russian exports

Wheat prices are at their lowest level since 2020, driven down primarily by burgeoning production from the Black Sea region, a wheat market analyst says. “The question is, ‘Have we hit bottom?’” Tyllor Ledford, market analyst for U.S. Wheat Associates, said. “The answer is, ‘I don’t know.’ … The whole world is waiting with bated breath for the bottom to be found.” Read the rest of the article here.