Wheat Jumps as Russia Focused on Ukraine War Despite US Talks
4 Articles
4 Articles
Wheat Jumps as Russia Focused on Ukraine War Despite US Talks
Wheat climbed as Russia rejected a proposed moratorium on attacks against ships carrying civilian goods in the Black Sea, heightening concerns about prolonged disruptions to grain shipments in the vital trade corridor.
European wheat prices rose on Monday after US peace mediation aimed at ending the Russia-Ukraine war failed to yield a breakthrough and Black Sea grain exports remain almost completely paralyzed. The benchmark December milling wheat futures contract on Paris' Euronext closed up 1.2 percent at 249.25 euros per tonne.
Wheat surges on concerns over Russian commitment to Ukraine war
Global food security is threatened as wheat supply disruptions from the Black Sea region persist, impacting dependent nations and markets. The post Wheat surges on concerns over Russian commitment to Ukraine war appeared first on Crypto Briefing .
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