Wheat rises as traders brace for Canadian rail stoppage
Chicago wheat futures rose on Thursday as the market braced for a potential Canadian rail stoppage that would disrupt exports from North America, but plentiful supply from the Black Sea region kept prices near four-year lows.
Chicago corn futures edged higher and soybeans fell, with both crops near their lowest since 2020 as a major crop tour reinforced expectations of bumper U.S. production.
Read also
Rapeseed sowing in India at its lowest level in 10 years
Canadian wheat exports expected to decline amid smaller harvest and weaker North A...
Sunseed prices in russia decouple from global markets amid Black Sea export restri...
Cool and wet weather increases disease and pest pressure on Ukraine’s winter...
Malaysian palm oil production expected to decline in November
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon