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Wheat near multi-month lows as traders eye Russia-Ukraine talks
CANBERRA: Chicago wheat prices edged higher on Tuesday but stayed near multi-month lows as traders awaited the outcome of peace talks between Russia and Ukraine that could boost global supply by reviving grainexports through the Black Sea. Corn and soybean futures rose ahead of a monthly US Department of Agriculture supply and demand report due later on Tuesday but have also fallen in recent weeks due to ample supply. The most-traded wheat contract on the Chicago Board of Trade (CBOT) was up 0.2% at $5.89 a bushel at 0528 GMT after falling to $5.85 on Friday, its lowest since June 30. Prices h...
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