GRAINS-US wheat slips as traders monitor Black Sea export prospects
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Wheat slips on Black Sea export outlook
BEIJING, Sept. 23 (Reuters) - Chicago Board of Trade wheat futures edged lower on Wednesday as market participants monitored prospects for a potential recovery in Black Sea grain exports. Corn also dropped, while soybeans were little changed.
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The most-traded wheat contract on the Chicago Board of Trade (CBOT) Wv1 was down 0.73% at $7.12 a bushel by 0145 GMT. CBOT corn Cv1 gained 0.6% to $5.33-1/2 a bushel, while soybeans Sv1 were flat at $13.25-1/4 a bushel.
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Renewed diplomatic efforts to end the Ukraine war kept attention on the outlook for Black Sea agricultural exports.
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Ukrainian leader Volodymyr Zelenskiy said he discussed with US President Donald Trump efforts to end the 4-year-old war with Russia, including a potential bilateral ceasefire on energy-related targets.
