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U.S. wheat rises after Russia says leaving Ukrainian shipping deal

Source Devdiscourse

Posted on July 17, 2023

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Chicago wheat futures rose sharply on Monday on reports Russia said it is ending its participation in Ukraine’s safe shipping agreement for grain exports which expires on Monday, traders said.

The Chicago Board of Trade most active wheat contract was up 3.4% at $684 a bushel at 0910 GMT after earlier rising over 4%.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Source Link: https://www.devdiscourse.com/article/law-order/2525914-russia-halts-wartime-deal-that-allows-ukraine-to-ship-grain-in-a-hit-to-global-food-security