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Wheat Prices Drop After Ukraine, Russia Strike Deal To Unblock Shipments
Saturday, July 23, 2022 - 12:41pm | 298As Russia and Ukraine reached a deal on Friday to allow grain shipments via the Black Sea ports, the U.S. wheat futures dropped almost 3% to a five-month low of $786 per bushel. According to media reports, close to 20 million tons of grain have been held up in the Ukrainian port of Odesa...