Russia wants BRICS to become OPEC for wheat. Will members buy it?

Putin proposes grain exchange in response to record-low prices

20241025N Russia wheat

Wheat is loaded into a truck in Russia's Omsk region. Russia is the world's leading exporter of the grain. © Reuters

MINORI SATO, Nikkei staff writer

TOKYO -- Russia is leading a charge to turn the BRICS economic bloc into the top influencer of global grain prices.

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