EU wheat rises as hopes for Black Sea diplomacy fade

PARIS/HAMBURG, Sept 21 (Reuters) — Euronext wheat rose on Monday as the latest attacks in Russia's war with Ukraine cooled hopes for an upturn in Black Sea exports while optimism about a US-China summit this week lifted Chicago grains, traders said. December wheat on Paris-based Euronext was up 1.2% at €244.50 ($280.34) a metric ton by 1612 GMT, regaining ground after falling in the two previous sessions. Chicago wheat climbed about 2%, drawing additional support from a jump in corn prices as traders saw positive signs in weekend talks between US and Chinese officials ahead of a meeting between the countries' presidents this week. GRA/ Continuing attacks by Russia and Ukraine, including strikes on Moscow and on Ukrainian shipping, clouded prospects for de-escalation that might alleviate disruption to Black Sea exports. Russian and Ukrainian ship-borne exports in the Black Sea are at a virtual halt after attacks on ships and ports. “The weekend saw especially heavy drone attacks by Ukraine and Russia,” one German trader said. “Headlines today were about Turkish moves to get a safe shipping deal but, overall, any agreement that would allow Russian and Ukrainian Black Sea exports to.