Pro Farmer
Winter wheat futures are sharply higher this morning in followthrough buying, though well off their overnight highs. Spring wheat is mixed, while corn and soybeans are 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.
The figures for Feb. 1 feedlot inventory and January placements and marketings were in line with pre-report expectations.