Wheat Hits Three-Year High as Russia Prepares to Escalate War
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Wheat hit a fresh three-year high in Chicago, as concerns grow that the war between Russia and Ukraine could escalate and further disrupt supplies from one of the world’s most important breadbaskets. The conflict has damaged ports and grain terminals, significantly curbing shipments from a top exporting region. Russia is now preparing to intensify attacks on Ukraine, including infrastructure targets, after concluding that negotiations for a peace deal have reached a dead end, according to people close to the Kremlin.
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Wheat hit a fresh three-year high in Chicago, as concerns grow that the war between Russia and Ukraine could escalate and further disrupt supplies from one of the world’s most important breadbaskets. The conflict has damaged ports and grain terminals, significantly curbing shipments from a top exporting region. Russia is now preparing to intensify attacks on Ukraine, including infrastructure targets, after concluding that negotiations for a peace deal have reached a dead end, according to people close to the Kremlin.