US cereals contracts thrive on widening supply-demand gap

11.04.2022

Chicago wheat, corn and soybean futures firmed on Friday after the U.S. Department of Agriculture (USDA) assessed global supply and demand, reflecting the impact that Russia's invasion of Ukraine has had on Black Sea exports.

Grain prices remained underpinned by Russia's six-week-old invasion, which has stalled large amounts of Ukrainian exports...