Have Chicago wheat futures climbed about 40% from June 2026 lows?
Yes. According to Reuters reporting on September 23, 2026, benchmark Chicago wheat futures had climbed about 40% from June lows to a three-and-a-half-year high as Black Sea grain shipping stayed severely constrained by the Russia–Ukraine war. Attacks on vessels and port infrastructure have brought cargo movements from the Black Sea region to a near standstill … Read more