Ukraine Port Concerns Weigh on Wheat Futures Amid Slightly Lower Crop Yields

Wheat futures declined on Friday as traders adjusted their positions ahead of the weekend.

The market's downturn was influenced by reports that Ukraine was exploring alternative methods to maintain vessel traffic through its Odesa ports, despite a denial from the country's agriculture minister.

A recent North Dakota crop tour reported an average hard red spring wheat yield of 48.0 bushels per acre, slightly lower than last year but higher than the five-year average.