Euronext wheat climbs 4% on shipping disruption concerns in Commodity News 13/07/2026 Euronext wheat rose 4% on Friday to reach a six-week high amid market speculation about a potential closure of the Sea of Azov to shipping, raising concerns about export disruptions from Russia, the world’s largest wheat supplier. September milling wheat on Paris-based Euronext traded 4.3% higher at €213.75 ($244.21) per metric ton at 1434 GMT, marking its highest level since May 26. Chicago Board of Trade wheat also climbed to a six-week peak. Ukraine has struck several Russian tankers in the Sea of Azov, which connects to the Black Sea. Market traders reported discussions about a possible Russian closure of the Azov Sea to all shipping operations. Ukraine has increased attacks on Russian energy installations and cargoes but has not targeted Russian grain assets. Source: Investing.com 2026-07-13 hellenicshippingnews... tweet Share