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Wheat price up as oil price down: have the crude oil investors found a substitute - temporarily?

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The price of wheat has clearly gone up in the absence of a food scarcity. Being true to the old cliche, one man's loss is another man's gain, some speculate the crude oil investors have found a temporary substitute in the face of global uncertainty, coupled with rising Covid-19 infections both in India Japan - the world's thrid and fourth biggest importers of crude oil.

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