EU Black Sea Wheat Cheaper Than Rivals’ Due to Bumper Harvests

A farmer inspects wheat grain in the granary of a farm north of Bucharest.Photographer: Andrei Pungovschi/Bloomberg
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Wheat from European Union countries bordering the Black Sea is trading cheaper than the commodity from competitors, as bumper crops in the region help push down prices.

The staple from nations including Romania and Bulgaria is less expensive than it is from majors producers France and Russia, according to UkrAgroConsult pricing.