TOKYO -- Global wheat prices have reached a roughly 14-month low thanks to larger-than-expected shipments out of Russia, fueling hopes for an end to surging food costs.
World's largest exporter seen easing upward pressure on food costs

A deal between Ukraine and Russia has enabled continued exports of Ukrainian grain via the Black Sea. © Reuters
TOKYO -- Global wheat prices have reached a roughly 14-month low thanks to larger-than-expected shipments out of Russia, fueling hopes for an end to surging food costs.