Wheat benchmark up as supply concerns get serious

12.05.2022

Chicago wheat climbed on Tuesday as worse-than-expected U.S. crop conditions added to global supply concerns already heightened by Russia's invasion of Ukraine.

Corn and soybeans were also higher, bolstered as U.S. growers weigh last-minute planting decisions.

The most active wheat contract on the Chicago Board of Trade (CBOT) ended 35 cents higher...