Yesterday's limit up wheat market turned into an expanded limit down day today.
Yesterday's limit up wheat market turned into an expanded limit down day today.
Grain futures produce a volatile session as Russia invades Ukraine overnight, but limit gains fade throughout the day.
Grain futures moved sharply higher again today on more concerns that another invasion is imminent into Ukraine from Russia.
Today was all about Russia, but on the flip side, it was actually about being a peacekeeper and Ukraine rather than invading.
Grain futures were pulled higher today with soybeans leading the way on a fire in a crush plant in Indiana.
Grain futures are sharply lower today as tensions drop in the Black Sea region along with rains in the forecast 10 days out for Argentina.
Wheat futures are lower on the lack of any war development in Ukraine, along with row crop pricing lower on potential rain.
Grain futures worked on recovery in price with new export sales being announced today. Weather remains dominant.
Wheat futures continued their recovery advance from last week's lows on news that Canada lowered its crop more than expected. Soybeans and corn soybeans correct.
