Wheat dips on easing Black Sea fears
date:Aug 20, 2014
US wheat futures slid on Monday, giving back some of the strong gains made in the previous two sessions as fears of potential supply disruptions from the Black Sea region eased. New-crop corn futures dropped as a private US crop tour reported large yield potential, while soyabeans inched higher. Tensions between Russia and Ukraine influence the grain markets because the countries are major exporters of wheat and corn. Their conflict was viewed as less heated following talks among Russia, Germany
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