Chicago wheat futures dipped slightly but remained near a one-week high due to concerns over disruptions to Black Sea supplies amid the escalating war in Ukraine. The most-active wheat contract on the Chicago Board of Trade decreased by 0.66% to $5.64 a bushel. Ukraine's wheat harvest is expected to increase next year thanks to a larger sowing area. The soybean contract was down 0.45% amid expectations of a bumper crop in Brazil, while corn slipped 0.12%.
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Original article source: https://www.dailymail.co.uk/wires/reuters/article-14104077/GRAINS-Wheat-eases-hovers-near-one-week-peak-Black-Sea-supply-fears.html
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