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Winter wheat futures soar 75-cent limit on fears of disruptions from Russia-Ukraine; corn near 10-month high, soybeans lower.
Grain and soy markets are posting solid gains to start the week. Cattle futures are under pressure as hog futures work on a rebound from last week’s weak technical performance.
Wheat futures lead grain, soybean futures sharply higher on intensifying concern over Russia-Ukraine war.
Grain and soy markets posted strong gains overnight, led by wheat, amid increased anxiety with the Russia/Ukraine crisis.
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Davis Michaelsen and Editor Brian Grete discuss this week’s market action...
Wheat futures plunge, leading corn and soybeans lower amid wave of profit-taking following Russia’s invasion of Ukraine.