SINGAPORE- Chicago wheat rose 1 percent on Wednesday, with the market climbing to its highest in nearly two weeks on renewed concerns over Ukrainian supplies after Russian attacks on grain infrastructure.
Soybeans slid for the first time in three sessions, although worries over Brazilian dryness kept a floor under the market. Corn edged higher.
The most-active wheat contract on the Chicago Board of Trade (CBOT) climbed 1 percent to $5.88-1/2 a bushel, after rising to its highest since Nov. 9 at $5.88-3/4 a bushel earlier.
Soybeans fell 0.1 percent to $13.76-1/2 a bushel and corn gained 0.2 percent to $4.70-3/4 a bushel.
Russian forces hit port infrastructure in Ukraine’s southern city of Odesa on Tuesday evening, the regional governor said. – Reuters