CBOT wheat closes higher on escalating Black Sea tensions
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Chicago Board of Trade wheat futures finished higher on Friday on renewed concerns that escalating tensions between Russia and Ukraine could disrupt Black Sea grain exports, traders said.
* A Ukrainian drone smashed into a building in central Moscow after Russian air defenses shot it down, Russian officials said.
* CBOT December soft red winter wheat WZ3 ended up 23-3/4 cents at $6.39 a bushel.
* The market Wv1 bounced after dropping on Tuesday to its lowest price since June 1.
* K.C. hard red winter wheat for December delivery KWZ3 finished 19-1/4 cents stronger at $7.60-3/4 a bushel. MGEX December spring wheat MWEZ3 was last up 14-1/4 cents at $8.17-3/4 a bushel.
Source: Reuters (Reporting by Tom Polansek; Editing by David Gregorio)
