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.
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