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The Independent UK
The Independent UK
National
Via AP news wire

Wheat prices rise following collapse of major dam in southern Ukraine

Ukraine Andrey Sizov
Planet Labs PBC

The collapse of a major dam in southern Ukraine sent global prices of wheat and corn higher.

Wheat prices gained 2.4% in early trading Tuesday at the Chicago Mercantile Exchange, to $6.39 a bushel. The cost of corn rose more than 1% (to $6.04 a bushel) and oats gained 0.73% ($3.46 per unit). Prices had jumped higher earlier in the day.

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