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World Bank: Price of wheat to drop to USD 405 by 2025

World Bank: Price of wheat to drop to USD 405 by 2025
# 01 November 2022 11:00 (UTC +04:00)

The price of wheat will decrease in global commodity markets by 2025, reads the report of the World Bank, APA-Economics reports.

According to the forecast by the bank, the price of wheat will be USD 430 per ton by late this year (20 points less in comparison to the April forecast), which is 36,4% more in comparison to 2021.

The World Bank says, wheat will be sold for USD 410 (30 points more in comparison to the April forecast) in 2023, while USD 405 in 2024.

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