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Biden met with national security team amid reports Russia was planning to install a pro-Kremlin leader in Ukraine
The Rural Mainstreet Index is above growth neutral for the 14th straight month.
Soybean futures surge to highest levels since mid-June, corn slightly lower, winter wheat down in corrective setback.
Cash corn prices are well above year-ago, but soybeans dropped below last year.
The National Weather Service’s (NWS) 90-day forecast continues to give elevated odds of above-normal temps and below-normal precip across HRW areas of the Southern Plains through April.
Soybeans seen higher as South America weather remains in focus, corn and wheat pull back from gains.
Soybean futures built on Wednesday’s strong gains overnight, while the corn and winter wheat markets faced corrective selling.
Univ. of Arkansas completes analysis of Cattle Price Discovery and Transparency Act of 2021
Corn basis firms, soybean basis slips; both remain above futures.
Corn, wheat futures surge to three-week highs on weather concerns, general commodity strength; soybeans also higher.
Wheat futures seen higher as SRW climbs near three-week high, corn and soybeans also expected stronger.