Tag Archives: Terry Reilly

Harsh weather affecting major global exporters is reducing wheat output and cutting inventories that have already been projected to hit nine-year lows while fuelling a sudden uptick in prices. Dryness afflicting suppliers from Russia, the world’s biggest, to Argentina, is making food production vulnerable as recent Russian attacks on grain ships …

Russia’s threat to bypass a landmark grain deal underpinned prices, with Chicago wheat futures climbing more than 1% on Monday, rising for the first time in four sessions. Corn prices eased, weighed down by improved weather outlook for U.S. spring plantings. “Rising Black Sea tensions could underpin U.S. wheat futures…,” …