⛏Chicago SRW Wheat Futures
WHEAT
▼ NegativeGeopoliticsrelevance
Black Sea traffic limited due to Ukraine-Russia strikes, disrupting supply and pressuring Chicago SRW prices.
Wheat futures are trading mixed on Wednesday, with hard red contracts posting gains while Chicago soft red winter wheat edges lower. Chicago SRW contracts are down ¾ to 2 cents, while Kansas City HRW futures are 1 to 2 cents higher and Minneapolis spring wheat is up 2 to 3¼ cents at midday. Black Sea traffic remains limited as strikes between Ukraine and Russia continue to affect port and internal logistics infrastructure.
Black Sea traffic limited due to Ukraine-Russia strikes, disrupting supply and pressuring Chicago SRW prices.