Chicago wheat extends rally on Black Sea conflict concerns
BEIJING: Wheat futures on the Chicago Board of Trade (CBOT) extended their rally on Thursday on the prospect of Russia increasing strikes on Kyiv, which could cause further export disruptions in the major global grain-production region. Corn and soybeans fell. The most-traded wheat contract on the CBOT gained 1.7% at $761-1/2 a bushel at 0203 GMT. CBOT corn lost 0.3% at $534-3/4 a bushel.…
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