Wheat and corn rise on Ukraine-Russia tensions; soybeans soften despite exports. Livestock consolidates; gold soars, crude oil mixed, Bitcoin nears $94,000 amid market shifts.
Wheat and corn rise on Ukraine-Russia tensions; soybeans soften despite exports. Livestock consolidates; gold soars, crude oil mixed, Bitcoin nears $94,000 amid market shifts.
Geopolitical tensions initially boosted grain markets, but gains faded as fear eased. Wheat held modest gains, while corn and soybeans softened. Livestock futures rose sharply, gold climbed on safe-haven demand, and Bitcoin hit new highs.
Wheat led gains amid escalating Ukraine-Russia conflict; wheat and soybeans rallied. Cattle futures rose, hogs bounced. Metal markets saw gains; crude oil climbed on tensions.
The grain market, after being four days lower, is now seeing some buying here on this Friday.
Grain and livestock futures struggle amid a strong US dollar and bear spreading; export sales rise, but uncertainty weighs on prices across commodities, especially grains.
Corn and soybean markets resist sell-offs, bolstered by major international purchases. Wheat faces downward pressure. Livestock prices slide, while gold dips and Bitcoin surges.
Grain futures decline as palm oil, China trade, and South American rains pressure markets. Soybeans, wheat fall sharply; corn slips slightly. Livestock, metals mixed; Bitcoin rebounds.
Grain futures correct as farmer selling pressures markets; softer soybean oil, wheat, and corn prices stem from various geopolitical and regulatory factors, while Bitcoin gains sharply.
USDA surprises analysts, lowering corn and soybean yields. Soybeans dropped to 51.7 bu/acre, rallying prices briefly. Corn follows suit with 183.1 bu/acre, demand remains strong.
Soybeans rally past $10, driven by strong export sales and surging soybean oil demand, while corn, wheat, and cattle futures see mixed trends amid rain forecasts.