CBOT wheat slips as traders watch potential Ukraine peace talks
Chicago Board of Trade wheat futures slid Friday, extending a pullback from a 3-1/2-year high. Traders are watching whether diplomatic efforts to end Russia’s war with Ukraine ease disruption to Black Sea grain shipments.
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07:36:45 PM UTC
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By Kirk MaltaisHIGHLIGHTSGetting the Ball Rolling: The fact that U.S. envoys are going to Kyiv to engage Ukrainian officials on a peace deal is pressuring CBOT wheat."Though U.S. efforts to negotiate a settlement have yet to produce a path to peace, in his nightly address Thursday [Ukrainian Presid…
By Kirk MaltaisHIGHLIGHTSGetting the Ball Rolling: The fact that U.S. envoys are going to Kyiv to engage Ukrainian officials on a peace deal is pressuring CBOT wheat."Though U.S. efforts to negotiate a settlement have yet to produce a path to peace, in his nightly address Thursday [Ukrainian Presid…