Wheat Futures Surge on Black Sea Risks, Drought Worries
Update: 2025-12-24
Description
March hard red winter wheat futures surge to three-week high, driven by geopolitical risks and weather concerns. Moving average convergence divergence indicator signals a buy, with prices poised to break above $5.35, targeting $6.20 or higher. Volatility and risk remain high, so proceed with caution.
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