Wheat prices rose after Wagner’s attempted armed uprising, which posed a significant threat to the quarter-century-old rule of Russian President Vladimir Putin and was on the agenda of the last few days.
He is also the former cook of Russian President Vladimir Putin. Wagnerleader of the mercenary group by Yevgeny Prigozhin The rebellion he led had reached Moscow within a few hours. However, the uprising was ended with the mediation of Belarus.
This short-lived ‘revolt’ environment caused anxiety in the markets and caused wheat prices to rise. In particular, wheat prices, driven by developments in Russia and Ukraine, known as the “wheat” base of the global economy, are very important due to their effects on food inflation.
