Wheat Edges Higher on Russiaโs Threats to Escalate Ukraine War
Wheat futures moved higher for a third day after Russia threatened to escalate the war in Ukraine, potentially worsening disruptions to global grain supply through the Black Sea.
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Wheat futures moved higher for a third day after Russia threatened to escalate the war in Ukraine, potentially worsening disruptions to global grain supply through the Black Sea.
Ukraine's Air Force says Russia hit the country with dozens of drones and two antiship missiles overnight.
Some Russian farmers plan to plant less winter wheat as flows from the countryโs crucial Black Sea ports remain stalled, creating a domestic glut and setting the stage for a smaller 2027 harvest from the worldโs top shipper.