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Winter wheat futures rally near decade-highs amid concern over Russia-Ukraine war; corn, soybeans also up sharply.

All three within expectations

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.

Short-term chart trend for wheat turns bullish.

Grain and soy markets posted strong gains overnight, led by wheat, amid increased anxiety with the Russia/Ukraine crisis.

Russia raises rates to 20% as ruble plunges | Shipping from Ukrainian ports all but ceased

President Biden to give State of the Union address Tuesday amid a worried nation

China distances itself from Russia | U.S., EU mull SWIFT action against Russia, announce other sanctions

Davis Michaelsen and Editor Brian Grete discuss this week’s market action...