Business · Energy & Commodities · 1 hr ago

Wheat Falls for Fourth Day After Trump’s Ceasefire Remarks

Wheat Falls for Fourth Day After Trump’s Ceasefire Remarks

Wheat prices fell for a fourth straight day.

US President Donald Trump said Russia and Ukraine had agreed to an immediate ceasefire covering energy.

His remarks raised hopes that easing hostilities could reduce disruptions around the Black Sea.

The Black Sea is important to the story because disruptions there could affect wheat trade.

The price decline followed the remarks, but no details about the agreement or its implementation were given.

The next step is unclear.

Sources

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