Archive · Business Recorder
Chicago wheat falls on Russia-Ukraine peace talk hopes
JAKARTA: Chicago wheat fell on Tuesday amid expectations of peace talks between Russia and Ukraine, which could ease exports flow for Black Sea grains. The most-traded wheat contract on the Chicago Board of Trade (CBOT) was down 0.21% at $6.05-1/4 a bushel at 0234 GMT. “With pent-up supplies of Russian and Ukrainian grain, if - and that is a big if - we see an end to hostilities, then we could see further pressure on an already relatively bearish market,” said Andrew Whitelaw of Australian agricultural consultancy Episode 3. The United States will bring together delegations from Ukraine and Ru...
ZAZTEK archives the headline, summary and publication date so the story stays findable. The full article remains the publisher's. Read it at Business Recorder →