Sharply lower session for grains with risk-off

Grain futures are sharply lower today on several factors. Russia focusing mostly on the east allowing planting in the West, China going in the lockdowns, and crude oil crushing biofuels.

Heartland Market Talk
Heartland Market Talk
Sharply lower session for grains with risk-off
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In today's Heartland Market Talk, we walk through the scenarios that are having grain prices sharply lower. Shanghai, a city of 26 million people, is in lockdown. That substantially reduces oil needs, along with Russia choosing to only fight Eastern Ukraine, opening up the prospects of Western and Central Ukraine receiving planting.

Commodities, futures and options trading involves financial risk and should be considered carefully before making any trades. The information contained on this site is taken from sources, which we believe to be reliable, but is not guaranteed by us as to accuracy or completeness and is provided to you for information purposes only.

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