Wheat declined from three-month high, concerns about Russia-Ukraine supply limited losses.
Futures contracts for wheat traded on the Chicago stock market fell from the three-month peak recorded in yesterday’s session, but concerns about Black Sea supply provided support for prices.
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Corn and soybean prices rose for the third consecutive session. The re-escalation of tensions between Russia and Ukraine caused concerns about wheat supply in the Black Sea.
Wheat futures contracts, which have the highest trading volume in the Chicago stock market, decreased by 0.8 percent to $ 9.31 / bushel, ie $ 342.1 / ton, after seeing its highest level since June 29 with $ 9.49 / bushel yesterday.
Egypt rose 0.1 percent to $6.99/bushel, or $275.2/ton. Soybeans gained 0.3 percent to $13.78/bushel, or $506.3/tonne.
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