U.S. wheat, corn futures fall after first grain export ship leaves Ukrainian port

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Chicago wheat and corn futures fell around 2% on Monday after the first ship loaded with grains sailed from a Ukrainian port using a newly agreed shipping channel, raising expectations of improved world supplies if Ukraine’s sea-borne exports resume, traders said.

Chicago Board of Trade most active wheat was down 2% at $7.91 a bushel at 0957 GMT.

Chicago most active corn was also down 2% at $/2 a bushel.