Wheat, Corn Push Higher as Russia-Ukraine Conflict Escalates
June 08, 2023 at 08:57 AM EDT
Agricultural commodities are pushing higher as the Russia-Ukraine conflict continues to escalate. In particular, the collapse of a major dam in southern Ukraine translated to higher wheat and corn prices. Surrounding the dam are sizeable agricultural fields, putting crops in danger. Oil escaping from the dam machinery and massive flooding could also cause extreme environmental [...] The post Wheat, Corn Push Higher as Russia-Ukraine Conflict Escalates appeared first on ETF Trends .