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Global wheat prices climb amid tensions

Global wheat prices climb amid tensions

Global futures prices for wheat rose by 0.9%, reaching $6.6175 per bushel, amid escalating clashes and air strikes between Russia and Ukraine. This has raised concerns over potential supply shortages as Ukraine attempts to establish a safe corridor for grain exports via the Black Sea. Meanwhile, corn prices declined by 0.3%, and soybean prices remained steady at $12.7725 per bushel.

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