GRAINS-Chicago wheat gains on Black Sea concerns; soybeans rise, corn flat
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Chicago wheat futures rose slightly due to ongoing Black Sea export tensions, despite positive talks between U.S. and Ukrainian leaders. Wheat prices are supported by continued strikes in the region. Soybeans rose 0.26% but are limited by abundant global supplies, especially from Brazil. Corn remained flat at $4.50 a bushel, supported by strong U.S. demand. Trading was light post-Christmas, with many traders booking profits. The market awaits clarity from upcoming supply and demand reports.
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