📈 Price Divergence in Cereal Markets: Wheat Declines While Rice Surges Post-2023

Wheat Prices: There's a noted decrease in wheat prices, possibly due to increased production forecasts or geopolitical changes affecting major exporters like Russia and Ukraine, as suggested by the FAO and trading data.

Rice Prices: Conversely, rice prices have surged, driven by factors like export restrictions from major producers like India, weather events affecting production, and increased demand in regions facing supply deficits, as echoed in various reports.