More saber rattling pushes new contract highs for grains

Grain futures moved sharply higher again today on more concerns that another invasion is imminent into Ukraine from Russia.

Heartland Market Talk
Heartland Market Talk
More saber rattling pushes new contract highs for grains
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In today's Heartland Market Talk, this morning's cyberattacks on Ukraine have raised concerns that the US is again for the fifth time in four weeks saying an invasion of Ukraine is imminent from Russia. This prompted wheat futures to go to the highest valuation since 2012 and trading over nine dollars a bushel while soybeans also bested the 2021 spot price highs.

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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