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Market Impact: 0.55
Wheat Rallying to New Highs as Russia Looks to Escalation
Source: Nasdaq
Energy Markets & PricesCommodities & Raw MaterialsGeopolitics & WarMarket Technicals & Flows
Wheat prices surged Wednesday on escalating Black Sea tensions: Chicago SRW front-month contracts rose the 45-cent limit, while other contracts were up 26 to 44 cents. KC HRW futures gained 17 to 38 cents across most maturities, signaling heightened supply-risk premium in the wheat complex.
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