News
Volatility was reduced from recent days in grain and soy complex futures overnight, as corn, soybeans and wheat all traded within relatively tight ranges compared to recent standards.
Wheat basis plunged over the past week amid the surge in futures.
Winter wheat plunges 85-cent limit as USDA unexpectedly boosts supply projections; corn, soybeans also lower.
USDA reflected no expected increase in U.S. wheat exports, despite the Russia/Ukraine conflict. U.S. corn exports were increased to reflect fewer anticipated shipments from Ukraine.
U.S. bean and corn carryout stocks decreased, wheat increased
Wheat futures drop sharply for second day as trade watches Russia-Ukraine; soybeans higher ahead of USDA report.
USDA will not likely change much in its S&D report tomorrow, Russia says it is mulling retaliation on the West for economic sanctions and Boozman asks for more time on CRP decisions...
New world disorder taking shape | USDA WASDE today | Wheat market volatility continues
Winter wheat futures traded sharply lower overnight but generally held above Tuesday’s lows. Soy complex futures traded sharply higher. Corn mildly favored the downside.
Winter wheat futures plunge in volatile trading fueled by Russia-Ukraine; soybeans up sharply on export business.
Some analysts upping odds of $5-plus regular gasoline average ahead