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Wheat Hits Three-Year High as Russia Prepares to Escalate War

Bloomberg Markets Thursday 27 August 2026, 03:24 UTC By Hallie Gu 1 min read
Key Points

Chicago wheat extended its rally to a three-year high, as concerns grow that the war between Russia and Ukraine could escalate and further disrupt supplies from one of the world’s most important breadbaskets.

Chicago wheat extended its rally to a three-year high, as concerns grow that the war between Russia and Ukraine could escalate and further disrupt supplies from one of the world’s most important breadbaskets.
Russia (LOCATION) Ukraine (LOCATION)
Originally published by Bloomberg Markets Read original →

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