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Ukrainian drone attack supports wheat market

AnalysisBy Jurphaas LugtenburgPublished: Jun 4, 2025

The wheat market showed a cautious increase during the last trading session. The attack by Ukraine plays a role, according to experts. Egypt has secured wheat from France, as announced by Reuters. This is a boost for the struggling French wheat export. In the US, the first combines have been taken out of the shed and the wheat harvest has begun. Corn and soybeans in the US are performing less well than some had expected despite early planting.

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