# Wheat futures gain, as Odesa missile strike hits hopes for Ukraine exports - Grain Price News

> US wheat gained 2-3% overnight while Winnipeg canola rose 3%, with Chicago, Kansas and Minneapolis December wheat contracts reported lower on the day. Russian strikes hit Mykolaiv, killing a major Ukrainian grain company owner, and the first Ukrainian grain ship awaited departure from Chornomorsk.

- Date: 2022-07-25 · published 2022-07-25T12:00:00.000Z
- Category: market · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/40528-wheat-futures-gain-as-odesa-missile-strike-hits-hopes-for-ukraine-exports-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Routine price moves with mixed signals; the pending first Ukrainian shipment is the key supply factor for global wheat pricing.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral
- KWHEAT: neutral

## Sources

- grainpricenews.com: https://grainpricenews.com/2022/07/25/wheat-futures-rebound-as-odesa-missile-strike-hits-hopes-for-ukraine-exports/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.