CBOT wheat ends firm as traders assess Black Sea shipping disruptions
CHICAGO, Oct 12 (Reuters) — Chicago Board of Trade wheat futures ended firmer on Monday in a rebound from three sessions of declines and as traders assessed progress towards a Black Sea peace deal that could allow Russia and Ukraine to resume ship-borne exports. US President Donald Trump announced a Ukrainian-Russian energy ceasefire, but Ukraine's leader said he was still awaiting details while Russia did not comment. Russia's IKAR consultancy said on Monday that it sees Russia's 2026 grain crop at 137 million metric tons, down from 138 million tons in its previous forecast, including 88 million metric tons of wheat, down from 88.5 million tons. The US Department of Agriculture is due to release its weekly crop progress report on Tuesday, a day later than normal due to a federal holiday on Monday. CBOT December soft red winter wheat closed 1-1/4 cents higher at $6.72-1/4 per bushel. K.C. December hard red winter wheat last traded 3-1/4 cents lower at $7.16 a bushel. Minneapolis December spring wheat was 1-1/4 cents higher at $6.96-1/2 a bushel. (Reporting by Karl Plume; Editing by Will Dunham) ((karl.plume@thomsonreuters.com; +1 313 484 5285)
CHICAGO, Oct 12 (Reuters) — Chicago Board of Trade wheat futures ended firmer on Monday in a rebound from three sessions of declines and as traders assessed progress towards a Black Sea peace deal that could allow Russia and Ukraine to resume ship-borne exports. US President Donald Trump announced a Ukrainian-Russian energy ceasefire, but Ukraine's leader said he was still awaiting details while Russia did not comment. 5 million tons. The US Department of Agriculture is due to release its weekly crop progress report on Tuesday, a day later than normal due to a federal holiday on Monday.
72-1/4 per bushel. C. 16 a bushel. 96-1/2 a bushel.
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