#Wheat Futures

News tagged with #Wheat Futures

Russia Opens Azov Ports to Grain Vessels for the First Time Since July: Chicago Wheat Futures Drop 2.8%

Economy 10/28/2026, 23:47

Russia has allowed grain vessels to leave the Azov ports of Temryuk and Kavkaz for the first time since July. Chicago wheat futures fell 2.8%, though experts doubt a lasting effect due to risks in the Black Sea.

$20 Billion Assessment: How Black Sea Escalation Hits Turkey's Transit Status

Economy 08/25/2026, 18:19

A Turkish shipping company assessed the damage to the country's economy from the Black Sea escalation at $20 billion per quarter. Traffic through the straits fell eightfold, around 50 Turkish vessels were damaged, and wheat futures rose by 17%.