USA: Grain prices August 3, 2023, wheat falls to 3-week low

Chicago wheat futures fell to a three-week low on August 3, 2023 as expectations of strong exports from Russia eased some concerns arising from attacks on an Ukrainian port. Soybean prices fell for a second session, while corn prices fell more as pressure from favorable weather for crops in the US Midwest weighed on prices. A trader in Singapore said that Ukraine's lack of supply has more or less been taken into account and the market is now looking to Russian supplies. Wheat fell 0.4% to $6.37-3/4/bushel, after hitting its lowest since July 13 to $6.35-1/4/bushel during the session. adjacent. Corn ...