A killer boost (drone too?) ๐ฅ
May 05, 2023๐ค Despite having reached their lowest levels in more than two years, the Chicago Board of Trade (CBOT) wheat contracts ignited a broad wave of technical buying that lifted prices due to rising tensions in Russia (the country is accusing Ukraine of trying to assassinate President Putin through a drone attack at the Kremlin).
๐ Other wheat contracts were boosted as well, and the ensuing spillover helped corn and soybean prices move higher. For the numbers, read this.