Your Pro Farmer newsletter (Feb. 26, 2022) is now available
Russia invaded Ukraine, which spurred comparisons to World War II and sent markets into a frenzy amid concerns about supply disruptions out of the Black Sea region. Wheat, corn and soyoil are the ag markets that will be impacted most as Russia and Ukraine are major exporters of feedgrains and sunseed oil. Russia is also a major exporter of energy and some metals. The Russian invasion overshadowed USDA's Ag Outlook Forum, which featured the first look at the agency's 2022-23 balance sheets. On the weather/crop front, the U.S. winter wheat crop continues to deteriorate, while Argentine crop estimates were cut. We cover all this and much more in this week's newsletter, which you can download here.