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Wheat Erases Black Sea Premium as Russia Signals Shipping Talks

Key Points

Wheat futures erased the Black Sea risk premium that had built since Russia and Ukraine escalated attacks in early July, after a report that Moscow is considering proposals to secure grain shipments through the region.

Wheat futures erased the Black Sea risk premium that had built since Russia and Ukraine escalated attacks in early July, after a report that Moscow is considering proposals to secure grain shipments through the region.
Black Sea Premium (ORG) the Black Sea (LOCATION) Russia (LOCATION) Ukraine (LOCATION) Moscow (LOCATION)
Originally published by Bloomberg Markets Read original →