Wheat Market Weighs Supply Risks and Weak Demand

Wheat prices fluctuated around $6.40 per bushel, remaining more than 10% below the two-year high of $7.08 on July 22, as weaker Russian prices, subdued international demand and alternative export routes eased concerns over Black Sea disruptions. Hopes for progress in negotiations to restore shipping through the Strait of Hormuz also improved broader market sentiment, ...

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