News
Russia continues to deny invasion plans, soybean crush expected to hit record high and hog slaughter opens the week on a high note...
![“Asian exporters are paying premium shipping rates, sometimes 10 times what the rate is for going from the [United] States back to Asia, and this shipping rate disparity incentivizes sending back those empty containers,” Borror said.](https://assets.farmjournal.com/dims4/default/5c9a336/2147483647/strip/true/crop/800x600+20+0/resize/500x375!/format/webp/quality/90/?url=https%3A%2F%2Ffj-corp-pub.s3.us-east-2.amazonaws.com%2Fs3fs-public%2F2021-02%2FExport-ship-840.jpg)
Short-, intermediate and long-term trends are up for corn and soybeans.
If Russia invades Ukraine: U.S., other sanctions could tip countries into recession
Soybean futures posted another round of contract highs overnight, with the front-month contract reaching the highest level since June 2021 on the continuation chart. Corn and wheat followed soybeans higher.
Updates for world food prices & U.S. farm income | Russia/Ukraine, China/Taiwan
Soybean futures hit contract high close for third-straight day, corn at highest level since May, wheat ends week strong.
Davis Michaelsen and Editor Brian Grete discuss this week’s market action...
USDA’s Cattle Inventory Report at 2 p.m. CT is expected to show the U.S. cattle herd as of Jan. 1 contracted 1.2% from year-ago.
Access this week’s newsletter here.
Mixed outlook on Russia intentions re: Ukraine
Strength in the dollar triggers pressure in livestock markets, Biden warns Ukrainian counterpart and crop sales by U.S., Brazilian and Argy farmers slow...