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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.
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Food security and food inflation are now battle cries in several countries, including U.S., along with EU.
Winter wheat futures soar daily limit fourth straight day as Russia-Ukraine war disrupts grain trade; corn, soybeans also up sharply.
Surging prices rekindle food vs. fuel debate
Winter wheat futures rally daily limit for third straight day as Russia-Ukraine war escalates; corn extends rally above $7, soybeans firmer.
Winter wheat futures locked up their 75-cent daily trading limit overnight, while spring wheat rose its 60-cent limit. Corn traded sharply higher, while soybeans posted just slight gains.
China reportedly buying U.S. corn after continued buys of soybeans
Wheat futures surge above $11 on escalating Russia-Ukraine conflict; soybeans up sharply, corn trims gains.
Cotton, beef and pork export sales increase
Winter wheat futures close near 14-year highs amid fears of Russia-Ukraine disruptions; corn erases gains, soybeans drop sharply.
May contracts for all three wheat markets topped $11 overnight, though HRS futures have since retreated below that level. Soybeans are firmer, while corn is mostly higher this morning.
SRW wheat basis firmed and HRW basis didn’t drop too much given the surge in futures.
Fed chairman comments | Farm groups focus on input costs, need for higher reference prices
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.