Rising feed prices continue to rise in global markets

According to Fars News Agency’s International Economics Group, the prices of basic commodities continue to grow rapidly. Today, the price of corn, which is mainly used for animal feed, continued to increase by $ 5.5 per bushel.

According to Bloomberg ؛, the price of this essential product has risen 55% in the last 52 weeks.

Corn prices have risen from $ 498 to $ 767 per bushel in the past year.

* $ 13 increase in wheat prices today

The price of wheat as a strategic and influential product in world food security, today rose to $ 13.25 per bushel.

The price of this basic product rose 1.2 percent today and completed the price growth chain in recent days.

* 3 reasons for the growth of basic goods in the world

The prices of basic products are increasing day by day due to the supply disruption that occurred after the outbreak of the Corona virus and the military conflict between Ukraine and Russia, as well as the high demand for the storage of these goods in the countries.

Exporting countries, on the other hand, have reduced their exports to a minimum, so much so that yesterday Russia increased its weekly export duties to $ 101 per ton, which is the highest figure in history.

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