Price of wheat in Europe broke an absolute record due to India

The price of wheat on Monday broke an absolute record in the European market, reaching € 438.25 per ton, Agency France Press (AFP) reports.

“This is an absolute record on the EURONEXT exchange. The previous record dates back to March 7, 2022, when the wheat trading closed at 422.50 per ton,” said the Broker of the French brokerage company Inter -CourTage Damien Verkambr.

It is noted that the auction closed at € 438.25 per ton after India announced the embargo for the export of grain.