Wheat Futures Up Again as Market Mulls Russian News
By Kirk Maltais --Wheat for March delivery rose 3% to $6.14 1/2 a bushel, on the Chicago Board of Trade on Friday as grain traders saw Russian comments about controlling inflation of food prices as bullish. --Soybeans for January delivery rose 0.7% to $11.60 1/2 a bushel. --Corn for March delivery rose 0.5% to $4.23 1/2 a bushel. HIGHLIGHTS Russian Rumbles: Russian President Vladimir Putin this week told the government to develop a plan to curb sharp price increases for staples such as bread and sunflower oil, and Prime Minister Mikhail Mishustin said Thursday that food produ...
Source: marketscreener.com