People are also reading…
“Wheat futures closed mixed after an early rally tied to Black Sea tensions and higher energy prices,” Doherty said. “Reportedly, Ukraine struck four Russian vessels overnight with drones. This had U.S. wheat futures trading higher early in the session. Because of recent attacks, Russia shut down the Don-Azov channel and the Kerch Strait, both key shipping routes. It is estimated that about 25% of Russia’s grain shipping goes through these areas.”
