THE GLOBAL WINDOW OF TURKISH FOOD AND AGRICULTURE The Global Window of Turkish Food and Agriculture Sector
Related Articles
October, 2026…
Driven by expectations of potential peace between Russia and Ukraine, favourable weather conditions and declining demand, the price of wheat per bushel fell by 12.7 percent in September, marking the steepest monthly decline since June 2024.
ISTANBUL…
Wheat prices are being shaped by weather conditions and geopolitical developments affecting supply and demand. The price per bushel had lost 5.85 percent in January. After rising amid volatility driven by mounting geopolitical risks and weather-related concerns, wheat prices climbed as high as 7.95 dollars during the intervening months.
Wheat prices fell sharply in September due to expectations of potential peace between Russia and Ukraine, favourable weather conditions and declining demand. With a 12.7 percent drop that month, wheat prices saw their fastest monthly decline since June 2024; the price per bushel had previously lost 15.5 percent in June 2024.
Consequently, wheat prices which began the year at the 5 dollars level, closed September at 6.75 dollars, representing a 35 percent gain over the period…
