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Commodities

Mixed Wheat Trade Continues Amid Ongoing Black Sea Disruptions

Guavy AI Editorial Team
Instruments
Wheat
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The wheat complex is showing mixed trade on Wednesday, with Chicago SRW contracts slipping lower. The losses range from ¾ to 2 cents, while KC HRW futures are 1 to 2 cents higher. MPLS spring wheat is showing modest gains of 2 to 3 1/4 cents at midday.

The Black Sea traffic remains limited due to ongoing strikes between Ukraine and Russia on port and some internal logistics infrastructure. This development may have an impact on the global supply chain.

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