U.S. wheat prices climbed for the second consecutive day amidst reports that more sanctions are being considered against Russia for its ongoing war in Ukraine and alleged crimes against the civilian population. U.S. wheat futures registered its lowest closing price in a month on April 1 at $9.84 per bushel. After rising on Monday, it is now trading at around $10.55 per bushel as of 13: 55 UTC on April 5, an increase of over 7 percent from Friday’s close. Talks of additional sanctions on Russia are pushing up wheat prices. While speaking to reporters recently, President Joe Biden affirmed that he is going to add more sanctions on Russia. U.S. Secretary of State Antony Blinken had earlier confirmed Washington’s stance on the matter in an April 3 interview with CNN. “We’re tightening the existing sanctions. We’re adding new ones. We’re doing it in full coordination with Europeans and other …