Wheat Soars to New Highs: Ukraine Cargo Ship Incident Sparks Rally

Grain futures are surging, with wheat and corn prices making significant gains. Wheat is reaching its highest levels since July and trading above the 50-day moving average due to reports of a Ukrainian cargo ship hitting a sea mine, raising concerns about grain transport from Ukraine.

Heartland Market Talk

00:00 / 6:16

Grain futures are surging, with wheat and corn prices making significant gains. Wheat is reaching its highest levels since July and trading above the 50-day moving average due to reports of a Ukrainian cargo ship hitting a sea mine, raising concerns about grain transport from Ukraine.

Commodities, futures and options trading involves financial risk and should be considered carefully before making any trades. The information contained on this site is taken from sources, which we believe to be reliable, but is not guaranteed by us as to accuracy or completeness and is provided to you for information purposes only.

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