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Markets

Wheat gains on dry US conditions, rising oil prices

  • Corn futures edged lower and soybeans were unchanged
Published April 23, 2026 Updated April 23, 2026 11:23am
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By Reuters
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CANBERRA: Chicago wheat futures rose on Thursday, recouping some of the previous day’s losses, thanks to dry conditions threatening US production and another rise in oil prices after Iran seized ships in the Strait of Hormuz.

Corn futures edged lower and soybeans were unchanged.

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