Markets

Wheat rally hits the buffers as US dollar stabilises

Published May 22, 2025 Updated May 22, 2025 11:20am
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CANBERRA: A rally in Chicago wheat futures hit the buffers on Thursday, with prices falling from Wednesday’s one-month high as the US dollar halted its decline and a Russian consultancy raised its production forecast for the country.

Chicago wheat futures higher on soft dollar

Corn and soybean futures also fell.