Archive · 29 Dec 2025
Chicago Wheat Futures Slip After Peace Talks
Chicago wheat futures went down a little on Monday because people are less worried about wheat supplies from the Black Sea area after a meeting between the U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy.
They talked about ending the war in Ukraine and said they made some progress.
Soybeans and corn prices also went down a bit.
Oil prices went up because of tensions in the Middle East, but there are still big problems to solve in the peace talks, like who controls the Donbas region.
The leaders said it will be clear in a few weeks if the talks will succeed.
Chicago wheat futures edged lower on Monday after Trump and Zelenskiy held peace talks.
Soybeans and corn prices also ticked lower in light trading.
Trump and Zelenskiy agreed to meet next week to finalize issues aimed at ending the war in Ukraine.
Oil prices rose due to Middle East tensions and remaining hurdles in the Russia-Ukraine peace talks.
The main unresolved issue in the peace talks is territorial control of the Donbas region.
- Who
- U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy
- What
- Peace talks to end the war in Ukraine
- When
- Sunday and Monday
- Where
- Trump's Mar-a-Lago resort in Florida
- Why
- To finalize issues aimed at ending Russia's war in Ukraine
- Chicago wheat futures
- $5.18-1/2 a bushel
- CBOT soybeans
- $10.71-3/4 a bushel
- Corn futures
- $4.49-1/2 a bushel
- Brent crude futures
- $61.21 per barrel
- U.S. WTI crude
- $57.28 per barrel
- Meeting location
- Trump's Mar-a-Lago resort in Florida
- Next meeting
- U.S. and Ukrainian teams next week
- Key unresolved issue
- Territorial control of the Donbas region