Wheat rebounds from 4-1/2-month low on Black Sea supply concerns

CANBERRA: Chicago wheat futures rose on Friday after slipping to a 4-1/2-month low in early trade, as continued disruption to Black Sea exports outweighed pressure from a stronger US dollar and expectations of large harvests in Australia and Argentina. Corn and soybean futures rose and were on track for weekly gains after the US Department of Agriculture tightened its US supply outlook for both…

First reported by Business Recorder 8 hr ago1 source

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Business Recorder06:188 hr ago
Wheat rebounds from 4-1/2-month low on Black Sea supply concerns (opens Business Recorder in a new tab)
CANBERRA: Chicago wheat futures rose on Friday after slipping to a 4-1/2-month low in early trade, as continued disruption to Black Sea exports outweighed pressure from a stronger US dollar and expectations of large harvests in Australia and Argentina. Corn…

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