US wheat contracts jump to peaks after Russia, Kazakhstan take tough domestic market protection measures

21.07.2021

Chicago wheat futures climbed nearly 2% on Tuesday to a two-month peak after official data underscored poor conditions for drought-hit U.S. spring wheat.

Chicago corn rose, with a lower than expected weekly crop rating focusing attention back on dry conditions in parts of the Midwest.

Soybeans rebounded after being pressured by a...