[Analyst: Rumors of Russia Closing Key Grain Corridor Are Traders' Top Concern] According to a report by Jinse Finance, on July 11, against the backdrop of the World Agricultural Supply and Demand Estimates report being widely regarded as having a neutral impact on the market, traders' attention has shifted back to the latest developments in the Russia-Ukraine war. Rumors of Russia closing a key grain corridor are the top concern for traders. StoneX analyst Arlan Suderman stated in a report: 'The main situation remains that, due to the closure of the Kerch Strait, there was some risk premium in the wheat market ahead of the weekend.' Previously, Ukraine escalated strikes on Russian energy facilities, which was followed by the potential closure of critical export infrastructure. The risk of Russian retaliation disrupting Ukraine's wheat supply is also a concern for traders. Wheat futures rose by 3.4%.