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Winter wheat futures surge expanded 85-cent limit on Russia/Ukraine disruption; corn and soybeans also higher.
Short-term chart trends turn bearish for live cattle and feeder cattle.
Analysts size up ag markets in a very uncertain world ahead
The most actively traded winter wheat contracts are up their new 85-cent daily trading limit, while May and July spring wheat futures are up their 60-cent limit. Corn and soy complex futures are also sharply higher.
Appropriators ‘rush’ to get agreement on third attempt at Fiscal Year 2022 budget
Winter wheat futures soar 75-cent daily limit, post all-time high on Russia-Ukraine war; corn near nine-year high, soybeans lower.