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Subscriber OnlyMarketsWheat Mounts Historic Week as War Sparks Deepening Supply FearsFutures in Chicago jump by the maximum exchange limitScorching gains piling pressure on global food inflationByMegan Durisin, James Poole and Tarso Veloso Ribeiro+FollowMarch 4, 2022, 1:04 AM UTCUpdated onMarch 4, 2022, 6:49 PM UTCThis week will go down in wheat-trading history. Chicago futures for the grain have soared more than 40% -- the most ever -- as Russia’s war in Ukraine upends global grain supplies. That puts prices at a 14-year high, and milling wheat in Paris reached an unprecedented 400 euros ($438 per ton).
