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Winter wheat rallies on unexpectedly poor USDA crop ratings; corn hits highest price in over three weeks, soybeans firm.
China’s Belt and Road initiative suffers amid Russian invasion, HPAI cases breach 22 million and federal funds are now available to livestock producers...
World’s largest container port hit by Covid surge in Shanghai
Winter wheat futures surge higher on unexpectedly poor crop condition ratings; corn and beans firme
Winter wheat futures led strong followthrough buying in the grain and soy markets overnight amid lower-than-expected U.S. crop ratings and global supply concerns.
Both the HRW and SRW CCI ratings are well below normal to start spring, with the HRW the lowest since 2011.