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After the Bell | October 31, 2022 Grains rally after Russia withdrawal from Ukraine export agreement fuels supply concerns; soybeans also higher.

Weekly export inspections for week ended Oct. 27 were delayed this morning due to technical issues, but revealed figures for corn, soybeans, and wheat all within expected ranges with soybeans near the top end.

Wheat and corn futures are sharply higher with soybeans posting limited gains to start the week. Cattle futures are lower and lean hogs are narrowly mixed.

Wheat futures soar overnight after Russia withdraws from grain export deal; corn, soybeans also higher.

Short-term trend turns bullish for soymeal.

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Wheat futures led strong overnight price gains in reaction to Russia’s temporary suspension of the Ukraine grain export deal over the weekend.

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Soybeans rebound from early declines to end firmer but still down for week; corn, wheat lower on demand concerns.