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Wheat fell towards $7.12 per bushel, the lowest level in three weeks, as renewed hopes for a Russia-Ukraine ceasefire raised expectations of reduced disruption to Black Sea grain shipments. US President Donald Trump announced a truce on strikes on Russia and Ukraine's energy facilities. Also, Turkey is seeking to broke
West Texas Intermediate, as tracked by United States Oil Fund, was at $83.12 Wednesday, down over 4% for the week, while Brent crude traded near $88.04, down 0.6% on the day.