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Markets rise as tensions intensify

Conflict escalation in the Middle East and Europe has pushed markets higher. Wheat gained significantly at the end of last…

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Markets rise as tensions intensify

Conflict escalation in the Middle East and Europe has pushed markets higher. Wheat gained significantly at the end of last week and has continued on the same path this week,…

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Markets rise as tensions intensify

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Conflict escalation in the Middle East and Europe has pushed markets higher. Wheat gained significantly at the end of last week and has continued on the same path this week, Nov-26 UK feed wheat futures currently sitting at £187.75/t. Last Friday, Ukraine launched strikes against Russian tankers in the Sea of Azov, forcing Russia to temporarily stop shipping moving from the Don River into the Sea of Azov. Traffic also slowed through the Strait of Hormuz after the USA and Iran again traded air strikes. As a result, Nearby Brent crude oil futures have also been on the rise. In…