Grain futures recover as Russia–Ukraine exchange strikes, truce hopes fade
Grain futures pared early losses amid expectations cooling for a Russia–Ukraine truce after overnight strikes, despite President Trump saying attacks on energy targets were agreed to stop.
Grain futures recovered after early weakness as hopes for a truce between Russia and Ukraine faded following overnight strikes by both sides, despite President Trump’s assertion that they had agreed to stop attacks on energy targets. The prospect of a deal on Black Sea shipping also appeared to dim.