News
Wheat futures led a sharp drop in prices early this morning as news of Russia resuming its participation in the Black Sea grain export initiative hit markets.
Soybeans rally near six-week high as Brazil protests fuel supply concern; corn, wheat up on Ukraine uncertainty.
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Ahead of the Open | November 1, 2022 Wheat futures mostly lower as Ukraine shipments continue; soybeans rise to five-week high, corn weaker.
Soybeans built on Monday’s gains during overnight trade, while the corn and wheat markets pulled back amid corrective selling.
The SRW CCI rating was also well below average for the end of October.
After the Bell | October 31, 2022 Grains rally after Russia withdrawal from Ukraine export agreement fuels supply concerns; soybeans also higher.
Weekly export inspections for week ended Oct. 27 were delayed this morning due to technical issues, but revealed figures for corn, soybeans, and wheat all within expected ranges with soybeans near the top end.
Wheat and corn futures are sharply higher with soybeans posting limited gains to start the week. Cattle futures are lower and lean hogs are narrowly mixed.
Wheat futures soar overnight after Russia withdraws from grain export deal; corn, soybeans also higher.
Russia again hits Ukraine infrastructure | U.S. says Putin back to using food as weapon
Wheat futures led strong overnight price gains in reaction to Russia’s temporary suspension of the Ukraine grain export deal over the weekend.
FOMC rate decision Nov. 2 | Pelosi comments on husband’s attack | Nov. 8 midterm elections
Soybeans rebound from early declines to end firmer but still down for week; corn, wheat lower on demand concerns.
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Grain, soybeans futures heading for weekly declines amid demand concerns, dollar upturn.