Wheat Futures Add to Three-Year Highs as Russia-Ukraine War Threatens More Black Sea Exports
12 Articles
12 Articles
Wheat futures add to three-year highs as Russia-Ukraine war threatens more Black Sea exports
US wheat futures extended their run to three-year highs as Russia and Ukraine stepped up attacks against each other's infrastructure, boosting concerns about Black Sea exports.
Wheat prices in Chicago rose to the highest level since July 2023 amid fears that a further escalation of Russia's war against Ukraine could cause disruptions to grain supplies from the Black Sea region.
In the face of fears about the failure of wheat exports to Chicago, the price has already reached its highest level in three years.
The price of wheat has reached a three-year high as the world fears an intensification of the war of the Russian Federation against UkraineWheat in Chicago rose to the highest since July 2023. The market fears disruption to exports due to a new escalation of the war.
The price of wheat has reached its highest level in three years, driven by tensions in the Black Sea and fears about world exports. ...
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