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Wheat prices rise on Euronext amid Black Sea tensions
Wheat prices on the Eurex exchange rose to their highest levels in two years, driven by escalating tensions in the Black Sea and the suspension of Russian and Ukrainian grain exports through regional ports. This has led to increased demand for alternative sources and a surge in purchasing activity. The December delivery contract increased by 1.3 percent to reach €256.75 (approximately $297.57) per ton, amid new record highs for futures contracts, as shipping disruptions persist and pressures on global markets continue to grow.
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