US wheat hits 5-month high as Russia intensifies attacks on Ukraine ports

U.S. wheat futures hit a five-month high on Tuesday, stretching gains following Russia’s attacks on Ukrainian ports and grain infrastructure that sparked concerns about long-term global supplies and food security.

Corn and soybean futures also edged higher.

The most-active wheat contract on the Chicago Board of Trade was up 1.9% at $7.71-1/2 a bushel.

Tags: grain infrastructure, Ukraine, Russia, corn, soybean, wheat, U.S., futures, ports