Biden met with national security team amid reports Russia was planning to install a pro-Kremlin leader in Ukraine
Corn futures end week at seven-month high on stronger exports, soybeans slip on profit-taking, hog futures soar.
With all three categories coming in on the bearish side of the average pre-report estimates, the report is price-negative.
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Soybean futures expected lower in correction from rally to seven-month highs, corn and wheat also lower.
Wheat and soybeans within expectations
Canada food prices, availability already being impacted by Covid vaccine mandate
Soybeans, corn and spring wheat pulled back from Thursday’s gains overnight, while winter wheat futures extended yesterday’s losses.
