Mumbai, 12 Feb (Commoditiescontrol): Chicago Board of Trade (CBOT) Wheat edged lower as cheap shipments from the Black Sea region continued to pressure prices.
The most-active wheat contract on the CBOT dipped 0.1% to $5.96 a bushel.
Trade was subdued as markets in China, Hong Kong, Japan, South Korea, Singapore, Taiwan, Vietnam and Malaysia were closed for a public holiday on Monday.
Elsewhere, Ukraine expects its 2024 spring sowing area to be the same as last year, its agriculture minister said.
More ships carrying grain were diverted from the Suez Canal to sailings around the Cape of Good Hope last week as concern about attacks on vessels in the Red Sea continued, shipping analysts said.
Polish politicians called on the EU Commissioner for Agriculture to quit amid protests against EU policies.
(By Commoditiescontrol Bureau: 09820130172)
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