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Corn futures top $8, soybeans and wheat also high on concern over Ukraine war, U.S. weather.
Short-term trend turns bullish for SRW wheat, soyoil.
Mortgage payments as percentage of income in U.S. highest since 2008
Corn futures posted contract highs overnight, with front-month May futures poking above $8.00 – the 2013 high on the continuation chart that was matched earlier this year. Wheat and soybean futures were also strong.
Russia warns U.S. to stop sending weapons to Ukraine or risk ‘unpredictable consequences’
Nearby corn ends near 10-year high amid strong exports, supply concern; soybeans mixed, wheat sinks on profit-taking.