Daily volatility not only is having limit moves in wheat the last five days, but we have also seen wheat go up the limit back to unchanged and back up the limit today along with several trading opportunities off of the limit.
Daily volatility not only is having limit moves in wheat the last five days, but we have also seen wheat go up the limit back to unchanged and back up the limit today along with several trading opportunities off of the limit.
Grain futures exploded today on infrastructure damage and Ukraine.
With Russia being removed from Swift, grain futures reversed last week's late losses and turned in sharp gain again 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.
