Wheat Climbs on Black Sea Tensions, While Heat Takes Toll on U.S. Cattle, and Low Mississippi River Water a Concern
Written by Black Hot Fire Network on August 7, 2023
Financial Times writer Gloria Li reported today that, “Wheat prices climbed on Monday after Ukraine’s drone strikes against a Russian naval vessel and oil tanker over the weekend raised concerns over the potential impact on supply from the world’s largest exporter.
“Chicago wheat futures rose as much as 3.4 per cent to a high of $6.545 per bushel, extending gains from the previous trading. Corn futures dropped 0.21 per . . .
