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Biden’s address falls flat for some, China will not join other nations in sanctioning Russia and market volatility continues...
Winter wheat futures soar 75-cent limit on fears of disruptions from Russia-Ukraine; corn near 10-month high, soybeans lower.
Winter wheat futures are sharply higher this morning in followthrough buying, though well off their overnight highs. Spring wheat is mixed, while corn and soybeans are lower.
Winter wheat futures soar 50-cent daily limit, corn up 35-cent limit on escalating Russia-Ukraine conflict; soybeans also higher.
Chip Flory and Jim Wiesemeyer discuss the Putin’s attack on Ukraine and the domino effect to the economy, including energy prices and trade. Plus they preview President Biden’s State of the Union address
Truce negotiations between Russia and Ukraine go nowhere, China’s PMI improves and President Biden will deliver his State of the Union Address tonight...