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Reuters
Reuters
Business
By Gus Trompiz and Naveen Thukral

Wheat jumps as Russia questions Ukraine export deal

FILE PHOTO: A combine harvests wheat in a field near the village of Zghurivka, amid Russia's attack on Ukraine, in Kyiv region, Ukraine August 9, 2022. REUTERS/Viacheslav Musiienko

Chicago wheat futures rose around 4% on Wednesday to their highest in nearly two months as criticism by Russia of a war-time export deal for Ukrainian grain revived concerns about supply disruption.

U.S. soybeans hit a near three-week low as expectations of an upturn in Argentine exports, uncertainty over Chinese demand and favourable U.S. harvest prospects anchored the market.

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