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Barchart
Barchart
Austin Schroeder

YOU WONT BELIEVE: Wheat fades off thursday strength into the close - What They Never Told You

Chicago KC MPLS Black Sea KCBT Wheat

The wheat complex posted gains across the three exchanges on Thursday, following increased Black Sea tensions. Chicago SRW contracts were 2 ¾ to 7 ½ cents higher at the close. KC HRW futures were 5 1/4 to 8 1/2 cents in the green on the day. MPLS spring wheat was up 6 ½ to 7 1/2 cents.

Overnight, there was a Ukrainian drone strike on a Russian grains export terminal in Taman on the Kerch Strait, causing significant damage.

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