The Impact of Trade Restrictions on Global Wheat Prices

The Impact of Trade Restrictions on Global Wheat Prices

China, India, and Russia are the three largest wheat producers in the world. The United States is the fourth-largest wheat producer in the world. Wheat is the second most important grain that is cultivated in the United States, following corn. Wheat is one of the most demanding and useful food crops.

read more
Global Inflation Boom

Global Inflation Boom

The rate of inflation has risen dramatically all over the world economy. As the world emerged from the pandemic, it saw a rapid increase in inflation, especially over the last year. According to the 12-month percentage change in the consumer price index, the monthly inflation rate for goods and services in the U.S. increased by 8.5% in July 2022, compared to July 2021.

read more