Argentina’s government is set to announce measures soon to allow wheat exporters to delay agreed shipments after a major drought hammered the crop, raising concerns about domestic supply.
Insurers are no longer offering new cargo insurance coverage for shipments out of Ukraine through the Black Sea corridor after Russia suspended its participation, industry sources told Reuters.
While gasoline prices have dropped since they posted record highs in June, diesel hasn’t decreased nearly as much and currently stands at $5.31 per gallon, according to AAA.
