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Wheat Advances Amid Strike on Ukraine Port, Export Talk Hurdles

  • Chicago futures advance, following a 9% drop the past two days
  • Turkey plans to host fresh talks on grain corridor: Haberturk
Wheat futures recovered from their recent rout after a Ukraine port was attacked and uncertainty looms over the next round of Black Sea grain export talks. 

Wheat futures recovered from their recent rout after a Ukraine port was attacked and uncertainty looms over the next round of Black Sea grain export talks. 

Photographer: Francesca Volpi/Bloomberg
Updated on

Wheat futures recovered from their recent rout after a Ukraine port was attacked and amid looming uncertainty over the next round of Black Sea grain export talks. 

Russian forces fired at least seven missiles on the southern Ukraine port of Mykolayiv on Wednesday, regional governor Vitaliy Kim said on Telegram. The area is normally a major hub for Ukrainian agriculture shipments. Crop trader Viterra said one of its terminals there was struck and a Bunge facility was also hit.