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Wheat Hits 11-Week Low as Risk Premiums Ease on Ukraine Talks

Bloomberg Markets Wednesday 21 October 2026, 04:37 UTC By Ben Westcott 1 min read
Key Points

Commodities Wheat Hits 11-Week Low as Risk Premiums Ease on Ukraine Talks Wheat futures hit the lowest since Aug. 5 as traders wound back risk premiums after US President Donald Trump increased pressure on Ukraine to strike a peace agreement with Russia. The most-active contract fell as much as 0.5% on Wednesday, declining for a fifth day, after fresh talks with US envoys saw Ukraine’s President Volodymyr Zelenskyy attempting to strike a conciliatory tone. Despite this, Trump remained...

Commodities Wheat Hits 11-Week Low as Risk Premiums Ease on Ukraine Talks Wheat futures hit the lowest since Aug. 5 as traders wound back risk premiums after US President Donald Trump increased pressure on Ukraine to strike a peace agreement with Russia. The most-active contract fell as much as 0.5% on Wednesday, declining for a fifth day, after fresh talks with US envoys saw Ukraine’s President Volodymyr Zelenskyy attempting to strike a conciliatory tone. Despite this, Trump remained critical, saying the US had got “nothing back” for its support of the country and it was “time to make a deal.”
Ukraine Talks Commodities Wheat Hits (ORG) Ukraine Talks Wheat (ORG) US (LOCATION) Donald Trump (PERSON) Ukraine (LOCATION) Russia (LOCATION) Volodymyr Zelenskyy (PERSON) Trump (ORG)
Originally published by Bloomberg Markets Read original →

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