Wheat prices skyrocket as India bans exports
On Monday, wheat prices significantly soared after India, one of the top producers, banned exports amid the scorching heatwave in the country. The most active futures tied to the grain jumped 5.22% or 61.60 points to $1,242.10 per metric ton. It extended its previous upsurge of 6.35% to 1,241.38 per metric ton. New Delhi announced …