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Chicago wheat, corn futures fall ahead of Ukraine-Russia peace talks

Chicago wheat and corn futures fell, ahead of Ukraine and Russia heading for peace talks, with worries over surging COVID-19 cases in China weighing on commodities markets further

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Reuters Beijing
Chicago wheat and corn futures fell on Tuesday, ahead of Ukraine and Russia heading for peace talks, with worries over surging COVID-19 cases in China weighing on commodities markets further.

Soybean edged up after falling in the previous session ahead of a widely watched U.S. planting intentions report later this week.

FUNDAMENTALS

* The most-active corn contract on the Chicago Board of Trade (CBOT) fell 0.33% to $7.46 a bushel.

* Wheat dropped 0.86% to $10.42-1/2 a bushel, while soybeans inched up 0.05% to $16.65 a bushel.

* Traders squared off positions after profits, while there was broad sell-off in commodities as massive shutdowns in

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First Published: Mar 29 2022 | 7:59 AM IST

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