Wheat prices on its nearly two years peak: Russia suspends exports

The spokesman of the Russian prime minister announced that Russia suspends its grain exports, due to the fires raging in the country.

After the drought has not seen for fifty years and due to the extensive fires, the Russian government has decided that from the 15th of August they will suspend the grain exports. At the moment grain price is on its 23-month peak and the price is rising for days. According to experts; the fire caused extensive damages – reports Világgazdaság Online, after Bloomberg.