US wheat reverses lower after surging to near two-year high

MSN
2026.04.30 22:27
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U.S. grain futures, including wheat, fell on Thursday after reaching a near two-year high. Wheat for July delivery dropped 2.3% to $6.36 3/4 per bushel, influenced by declining crude oil prices and forecasts of better weather in the central U.S. This follows a previous session where wheat prices peaked at their highest since June 2024.