Wheat Prices Skyrocket By Young Research - August 4, 2010 Wheat prices are up more than 50% in a month. Droughts in Russia, a major world wheat producer, are threatening the countryโs crop.ย Traders bid up wheat prices in anticipation of tighter supplies. Share this: Email a link to a friend (Opens in new window) Email Share on X (Opens in new window) X Share on Facebook (Opens in new window) Facebook RELATED ARTICLESMORE FROM AUTHOR Ukraineโs Massive Drone Attack Targets Russian Oil and Industrial Sites Zelenskyy Resumes Strikes on Russian Oil Refineries Russia-Ukraine Energy War Intensifies Amid Ceasefire Dispute