Markets

Wheat extends rally on short covering, Russia duty hike; corn, soy firm

  • Corn and soybeans also firmed, helped by weakening crop ratings
Published September 16, 2025 Updated September 16, 2025 11:36am
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BEIJING: Chicago wheat futures rose for a fourth successive session on Tuesday, supported by short covering, a hike in Russia’s export duty and brisk US export demand.

Corn and soybeans also firmed, helped by weakening crop ratings, with the government considering potential economic aid amid trade disputes and record yields.