Markets

© GettyImages/coldsnowstorm

Agri-ocmmodity market tracker

Missile attacks on Ukraine send wheat prices soaring

By Jane Byrne

Wheat prices leaped, leading a strong session for grain futures, as a massive attack by Russia on Ukrainian ports shattered hopes for the country’s grain exports, reports the CRM Agri team.

© GettyImages/bfk92

Agri-commodity market tracker

Russia withdraws from Black Sea grain export deal

By Jane Byrne

The Black Sea agri-commodities export corridor, which allowed Ukrainian grain and oilseeds to be shipped safely, is now set to expire, after Russia announced it is pausing its participation in the initiative.

© GettyImages/Compassionate Eye Foundation/Ezra Bailey

Viterra and Bunge reportedly in merger talks

By Jane Byrne

Existing investors in Viterra, Canada’s biggest pension funds, would back a potential merger between the Glencore Plc entity and Bunge Ltd, according to a report by Bloomberg.