Wheat prices jump following dam collapse in Ukraine eastbaytimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eastbaytimes.com Daily Mail and Mail on Sunday newspapers.
Wheat prices gained 2.4% in early trading Tuesday at the Chicago Mercantile Exchange, to $6.39 a bushel. The cost of corn rose more than 1% (to $6.04 a bushel).
Wheat prices jump following collapse of major dam in southern Ukraine ctinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ctinsider.com Daily Mail and Mail on Sunday newspapers.
Global prices for wheat and corn soared Tuesday after a major dam in Ukraine collapsed, renewing market fears about the fragility of the country s ability to ship food to Africa, the Middle East and parts of Asia as it fights a war with Russia.
The destruction of Kakhovka dam and hydroelectric power station, which sits on the Dnieper River in an area that Moscow controls, raised anxiety about a potential disruption to global supplies.