Wheat falls as markets monitor Black Sea export prospects
CBOT wheat was down 0.32% at $7.01 a bushel at 0140 GMT. Corn fell 0.4% and soybeans were flat.
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CBOT wheat was down 0.32% at $7.01 a bushel at 0140 GMT. Corn fell 0.4% and soybeans were flat.
CBOT corn fell 0.3% and soybeans rose 0.2% as traders weighed diplomatic efforts over Black Sea grain exports.
Chicago wheat fell on Monday as traders weighed whether diplomatic efforts could ease disruption to Black Sea grain exports from Russia and Ukraine, two of the world's biggest grain suppliers. Corn fell and soybeans gained.FUNDAMENTALS* The most-traded wheat contract on the Chicago Board of Trade…
Wheat fell to around $7.2 per bushel, moving further below the 3-1/2-year high of $7.67 reached on August 28, as improving weather in parts of the US Plains eased concerns over winter wheat conditions. The USDA said recent rainfall across the northern and central Plains had improved topsoil moisture and prospects for g