Continued supply woes push US wheat benchmark futures up

17.08.2021

Chicago wheat futures rose on Monday, trading close to Friday’s 8½-year highs as tightening supplies in big exporting countries underpinned prices.

Chicago Board of Trade’s (CBOT) most-active wheat rose 0.8% to $7.68¼ a bushel at 1101 GMT. On Friday wheat hit a February 2013 high of $7.74¾.

Soybeans rose 0.2% to $13.68½...