Wheat Market Sees Strong Gains Amid Global Supply Chain Concerns

The wheat market continued its choppy trade on Wednesday, with futures rising due to Russian and Ukrainian attacks on ports and vessels. This has led to concerns about global supply chains.

The U.S. Department of Agriculture reported a private export sale of 120,000 tonnes of corn to Mexico, which may have some bearing on the overall market.

Rainfall in parts of Iowa, Illinois, and Missouri is expected to bring relief from dry conditions, but it's unclear how this will impact crop yields.