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US wheat futures surge to multimonth highs amid geopolitical tensions

people_culture UTC: 2026-03-01 18:00:38

US wheat futures surged to multimonth highs on Feb. 27 as escalating geopolitical tensions triggered widespread fund short-covering and added volatility to a market that had been sidelined amid ample global supply. Chicago soft red winter wheat futures reached year highs for i...

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