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Corn and soybeans faced followthrough selling overnight, while wheat futures pulled back from Monday’s gains.
USDA reports Friday | Inflation reports from U.S., China | Ukraine hits Russian oil tanker
USDA’s annual survey finds 8.1% gain in average cropland values
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Oil production cuts, prices rise | Ukraine attacks Russian port | Baseless reason for base update
Grain and soy futures are expected to open solidly higher amid increased geopolitical tensions.
Corn, soybeans and wheat traded sharply higher overnight amid rising geopolitical tensions after Ukraine attacked a major Russian Black Sea port.
Our monthly and quarterly price forecasts, including the first projections for the first quarter of 2024.
What about e-RINS? Ukraine considers insuring ships going through ‘grain corridor’