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EU wheat rises as Black Sea export hopes fade

Euronext wheat rose as attacks in Russia–Ukraine cooled hopes for Black Sea export upturns, while optimism ahead of a US–China summit supported Chicago grains, traders said.

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04:40:41 PM UTC
SquawkNews
UPDATE 1 – EU wheat rises as hopes for Black Sea diplomacy fade

Euronext wheat climbed on Monday as the latest attacks in Russia's war with Ukraine dampened hopes for a recovery in Black Sea exports, traders said. December wheat EURONEXT:EBM1! 34…). Traders also cited optimism around a US-China summit this week as support for Chicago grains.