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Market Impact: 0.48
Wheat Bulls Joining with Gains on Monday
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesGeopolitics & WarTrade Policy & Supply Chain
Wheat futures rallied Monday as Black Sea tensions failed to ease over the weekend, raising supply-chain risk for a key global grain-exporting region. Chicago SRW wheat gained 13-14 cents, Kansas City HRW rose 11-12 cents, and Minneapolis spring wheat also advanced. The move reflects heightened geopolitical risk premiums in global wheat markets.
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