date:Mar 13, 2014
e market.
US wheat futures jumped almost 3 percent on Tuesday, driven by concerns that the unrest in Ukraine will disrupt exports and worries about dry soils limiting US output. The market gave up some of those gains on Wednesday. Should Ukraine's grain exports be halted or diminished, France has similar wheat to what is grown there, said traders on the sidelines of an industry conference in Singapore on Wednesday. French cargoes could replace Ukrainian wheat shipments in the Middle East, Asia