Wheat price rises as attacks cast doubts over supplies


Landmark deal: Grains are placed on Ukrainian and Russian flags in this illustration. The countries signed an agreement last week on resuming grain shipments that could ease a global food crisis. — Reuters

SINGAPORE: Chicago wheat futures rose more than 2%, recouping some of the previous session’s sharp losses, as Russia’s missile attacks raised concerns over Ukrainian supplies, despite a deal between the two nations.

Corn rose 1.2%, while soybeans added 0.2%.

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