Wheat extends gains on strong demand, supply woes; corn firms [Financial Post (Toronto, Ontario, Canada)]
Maxar Technologies Inc. (MAXR)
Last maxar technologies inc. earnings: 3/2 04:08 pm
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Source: Financial Post
Advertisement Corn rose for a third session, while soybeans dipped after surging on Thursday. FUNDAMENTALS * The most-active wheat contract on the Chicago Board of Trade (CBOT) was up 0.5% at $7.86-1/4 a bushel, as of 0101 GMT. Corn rose 0.3% to $6.08-1/4 a bushel, while soybeans lost 0.3% to $14.13-3/4 a bushel. * For the week, wheat is down 2.6%, corn has given up almost 2% and soybeans have lost 3.7%. * Major challenges remain on exports from the Black Sea region even as Ukrainian grain begins to move out of seaports for the first time since February. * Three ships carrying a total of 58,041 tonnes of corn have been authorized to leave Ukrainian ports on Friday as part of a deal to unblock grain exports, the organization arranging the operation said on Thursday. * A first vessel carrying Ukrainian grain set sail from Odesa on Monday, arriving at the Bosphorus Strait some 36 hours later under a deal between Russia and Ukraine, brokered by Turkey and the United Nations, that a
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