Agricultural Raw Material Wholesalers

Restaurants that have struggled for months with escalating costs are getting a break from chicken.Prices for chicken breasts in the U.S. have plunged about 70% since the first week of June, according to market-research firm Urner Barry. Wings and tenders have gotten cheaper, too, as poultry companies have increased production while demand from restaurants and supermarkets has remained flat, said chicken industry analysts and executives. Chicken’s rapid price drop has brought relief to restaurant chains as crispy chicken…

LONDON—The deal between Moscow and Kyiv to allow for the export of Ukrainian grain is helping push global prices lower, but it won’t translate into a slug of new exports soon.Wheat prices fell Friday, as the deal raised hopes that a restart to Ukrainian grain exports would ease a brewing global food-supply crisis. Wheat futures traded in Chicago were down more than 4% at $7.72 a bushel. Having surged to a record high of $12.94 a bushel following Moscow’s invasion of Ukraine, prices have tumbled…