Try GOLD - Free
Wheat leads grains higher, with Russian strikes in focus
Business World Philippines
|December 24, 2025
Chicago wheat rebounded on Monday as reports of more Russian strikes on Ukrainian port infrastructure rekindled concerns about war risks to Black Sea grain trade, encouraging investors to cover short positions after an eight-week low last week.
-
Soybeans were also higher, breaking a run of six falling sessions, as the oilseed found further support in a crude oil rally and an easing dollar.
Corn tracked wheat and soybeans higher, with strong export demand for the grain also supporting prices.
The most-active wheat contract on the Chicago Board of Trade (CBOT) settled 5-3/4 cents higher at $5.15-1/2 per bushel.
This story is from the December 24, 2025 edition of Business World Philippines.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business World Philippines
Business World Philippines
Plaintiffs challenge P150.9-billion unprogrammed funds at high court
HOUSE MINORITY lawmakers on Thursday asked the Supreme Court (SC) to nullify the P150.9-billion unprogrammed appropriations in the 2026 national budget over constitutionality questions, arguing its inclusion amounted toa grave abuse of discretion.
3 mins
January 09, 2026
Business World Philippines
Peso rebounds on ‘somewhat hawkish’ BSP hints
THE PESO on Thursday recovered from its all-time low close as market players digest the latest policy signals from the Bangko Sentral ng Pilipinas (BSP) chief.
2 mins
January 09, 2026
Business World Philippines
One Battle After Another and Sinners lead Hollywood’s Actor Award nominees
The action-packed political satire One Battle After Another and the vampire tale brimming with blues music Sinners, topped the list of nominees unveiled on Wednesday for Hollywood's Actor Awards, formerly known as the Screen Actors Guild (SAG) Awards, a key foreshadowing of films likely heading to the Academy Awards.
1 min
January 09, 2026
Business World Philippines
Weak November job data deemed 'alarming'
THE RISE in November unemployment indicates a loss of momentum sufficient to outweigh the pickup in holiday hiring, raising concerns about the health of the broader economy, analysts said.
1 mins
January 09, 2026
Business World Philippines
BIR files P48.39-M tax raps against contractor in Bulacan ‘ghost’ project
THE Bureau of Internal Revenue (BIR) has filed a criminal complaint with the Department of Justice against a major flood control contractor for allegedly evading P48.39 million in taxes from a government-funded project.
1 min
January 09, 2026
Business World Philippines
SGA acquires another gem in talented veteran spiker Ara Galang
STRONG Group Athletics (SGA) scooped up another gem from the bumper free agency crop in talented and veteran spiker Ara Galang on Thursday to continue to beef up for the forthcoming PVL All-Filipino Conference.
1 min
January 09, 2026
Business World Philippines
Governance is the tie-breaker
President Marcos signed the P6.793-trillion 2026 national budget on Jan. 5, signaling strong intent by vetoing P92.5 billion in unprogrammed appropriations.
1 min
January 09, 2026
Business World Philippines
Best Films of 2025
NOT having really focused on catching everything out there because — reasons — I did catch a few titles and of those these are the best.
3 mins
January 09, 2026
Business World Philippines
BSP intervention remains minimal —Remolona
THE PESO’S recent slide against the dollar puts pressure on the Bangko Sentral ng Pilipinas (BSP) to intervene to prevent inflationary risks, but its chief reiterated that they remain present in the market only to smoothen out sharp swings.
2 mins
January 09, 2026
Business World Philippines
Generational talents
The Spurs once again exercised caution in Victor Wembanyama’s return to action the other day.
2 mins
January 09, 2026
Listen
Translate
Change font size