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Wheat sharply higher but mostly off limit-up levels as Russia/Ukraine conflict escalates; corn mixed, soybeans mostly higher.
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