
LONDON/SINGAPORE, March 19 (Reuters) - Chicago wheat futures were slightly higher on Wednesday boosted by sluggish exports from Russia and potential damage to U.S. crops while corn and soybean prices were little changed.
Dealers said the current slow pace of Russian wheat exports had more to do with a strong rouble and adverse weather at ports than conflict in the Black Sea region so there was little impact from news that Russian President Vladimir Putin had agreed to temporarily stop attacking Ukrainian energy facilities.
"There is some good news on the war front but it is sentiment-driven rather than anything else," said Ole Houe, director of advisory services, Ikon Commodities in Sydney.
"Getting supplies was never an issue from the Black Sea, apart from the first two months of the war."
Russia's seaborne grain exports dropped by 52.3% year-on-year in February to 2.4 million metric tons, shipping data from industry sources showed on Wednesday.
Dealers were also still trying to assess damage from wind storms and tornadoes that tore through the U.S. Midwest and Plains states over the weekend.
The most-active wheat contract on the Chicago Board of Trade (CBOT) Wv1 rose 0.3% to $5.66-1/2 a bushel by 1146 GMT.
Corn Cv1 was unchanged at $4.58-3/4 a bushel while soybeans Sv1 were up a marginal 0.02% at $10.13 a bushel.
Turkey's government has announced a 1 million metric ton import quota for animal feed corn, the trade ministry said in the Turkish official gazette on Wednesday.
The potential upside for corn prices, however, continued to be limited by expectations of higher U.S. planting this year.
S&P Global Commodity Insights projected on Tuesday that U.S. farmers would plant 94.3 million acres of corn in 2025, up 800,000 acres from its previous forecast released on Jan. 21 and up 3.7 million acres from 2024, an S&P Global spokesperson said.
The firm left its forecast of U.S. 2025 soybean plantings unchanged from January at 83.3 million acres, down 3.8 million acres from a year ago.