WHEAT JUMPS AFTER RUSSIAN PORT STRIKE Wheat futures surged 2.4% after Ukrainian drones reportedly struck two grain terminals at Russia’s Novorossiysk port. The terminals handle roughly 15 million metric tons of grain exports annually, raising concerns over disruptions to Russian wheat shipments. The extent of the damage remains unclear, but analysts warn Russia could struggle to maintain normal export volumes. Corn rose 0.6%, while soybeans gained 0.3%.
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