Wheat Drops to Two-month Low on Harvest Pressure; Corn Eases

June 26, 2024, 08.47 AM
Reporter: Syamsul AsharEditor: Syamsul Azhar

FOOD COMMODITY - SINGAPORE - Chicago wheat futures lost more ground on Wednesday, with the U.S. winter crop harvest adding pressure on prices amid some rain relief for crops in Russia, the world's top exporter.

Corn slid, while soybeans inched higher as the market assessed the impact of floods on crops in the U.S. Midwest.

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