Paris Wheat Futures Rise With No Black Sea Deal in Sight
European wheat futures in Paris rose on Wednesday, with no sign of any safe-shipping agreement emerging from peace talks in Abu Dhabi to enable more Russian and Ukrainian Black Sea exports…
European wheat futures in Paris rose on Wednesday, with no sign of any safe-shipping agreement emerging from peace talks in Abu Dhabi to enable more Russian and Ukrainian Black Sea exports.
This would keep some export demand focused on the EU, especially France.
Traders were also concerned about intensive Russian and Ukrainian attacks as the peace talks ended, with Russia's Baltic grain export port of Ust-Luga hit.
Export-boosting euro weakness also offered support, while a public holiday in France meant some market participants were absent.
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