Wheat prices continued to rise, and corn and soybeans fell in price on the world grain market on Wednesday

Chicago Board of Trade (CBOT) wheat futures rose for a second straight day on Wednesday, November 22, 2023, as reports of attacks on Ukraine's Black Sea port infrastructure fueled concerns about the safety of the existing trade corridor. At the end of the trading day, December quotations of soft winter wheat on the Chicago Mercantile Exchange CBOT rose to $204.20 per ton, December futures of hard winter wheat KCBT in Kansas City dropped to $225.79 per ton, December futures of hard spring wheat MGEX in Minneapolis dropped to $261.15 per ton. Chicago wheat edged higher again on Wednesday as escalating tensions in southern Ukraine continue to fuel concerns about trade in the Black Sea. Soybean futures fell as rain in Brazil eased fears of a crop decline due to drought, and corn prices also fell. December wheat futures on the Chicago Board of Trade (CBOT) rose to $5.55-3/4 a bushel. The wheat market found support after the USDA confirmed the sale of 110,000 tonnes of US soft red ...