Wheat trading jumps on Russia crisis

Russia’s worst drought on record has breathed life into the European wheat contract, sending trading volumes up fourfold in July and August 2010 as traders scrambled to use the European benchmark to hedge price risk.

ESO: Background information: Fears grow over food supply http://www.europeansources.info/record/fears-grow-over-food-supply-russia-to-extend-grain-export-ban/

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