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  2. 1973 United States–Soviet Union wheat deal - Wikipedia

    en.wikipedia.org/wiki/1973_United_States–Soviet...

    In July 1973, the Soviet Union purchased 10 million short tons (9.1 × 10 ^ 6 t) of grain (mainly wheat and corn) from the United States at subsidized prices, which caused global grain prices to soar. Crop shortfalls in 1971 and 1972 forced the Soviet Union to look abroad for grain.

  3. Seeing Dollar Signs: High grain prices exciting for farmers

    www.aol.com/news/seeing-dollar-signs-high-grain...

    May 9—For grain farmers, it's been nearly a decade since they've seen corn and soybean prices that are making them see dollar signs. As of Thursday, corn was selling for $7 per bushel and ...

  4. Russia-Ukraine war – live: Global wheat prices soar as Putin ...

    www.aol.com/russia-ukraine-war-live-moscow...

    Global wheat prices have soared following Russia’s attack in Odesa oblast that destroyed 60,000 tonnes of grain. Wheat prices on the European stock exchange soared by 8.2 per cent, while corn ...

  5. 2007–2008 world food price crisis - Wikipedia

    en.wikipedia.org/wiki/2007–2008_world_food...

    As grain prices increased, China's numerous small-holding milk farmers, as well as producers of feed for cattle, were unable to exist economically. As a result, they turned to putting additives into the feed and milk, including melamine, to boost the measured level of protein. Hundreds of thousands of children became ill, China's milk exports ...

  6. Grain trade - Wikipedia

    en.wikipedia.org/wiki/Grain_trade

    The grain trade refers to the local and international trade in cereals such as wheat, ... created rapid inflation of grain prices during the 2007–2008 world food ...

  7. Global food prices bounce following collapse of Black Sea ...

    www.aol.com/global-food-prices-bounce-following...

    Global food prices ticked up last month after Russia pulled out of a deal to allow the safe passage of ships carrying grain from Ukrainian ports.

  8. Commodity price shocks - Wikipedia

    en.wikipedia.org/wiki/Commodity_price_shocks

    During the international Post-Napoleonic Depression (1815–1821) following the conclusion of the French Revolutionary and Napoleonic Wars (1792–1815), wheat and other grain prices fell by half in Ireland, and alongside continued population growth, landlords converted cropland into rangeland by securing the passage of tenant farmer eviction legislation in 1816, which led, because of the ...

  9. In the 1970s, a dozen eggs cost $0.61. Here's how grocery ...

    www.aol.com/1970s-dozen-eggs-cost-0-173307336.html

    A grain shortage — caused by excessive exports to Russia following a 1972 deal — helped push up bread prices across the US, The New York Times reported. Milk cost $0.785 per half gallon. A ...

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