Loading…
CBOT wheat traded higher on Wednesday after Russia reported strikes on two vessels bound for Ukrainian ports near Odesa. A missile strike also hit the Russian port of Taganrog on the Sea of Azov.
KC HRW and spring wheat also gained.
Renewed attacks on Black Sea shipping raise supply risk for wheat exports, supporting wheat prices and corn as a feed alternative.
investing.comJul 29, 2026After 361 past bullish geopolitics events, Wheat (SRW) moved a median +0.7% over 5 sessions (58% higher; middle half -1.4% to +3.7%), and +1.3% over 20.
After 94 past bullish geopolitics events, Wheat (HRW) moved a median +0.1% over 5 sessions (50% higher; middle half -2.7% to +5.8%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
