World Perspectives
soy-oilseeds

European Market Analysis

Regional News  As noted everywhere, the biggest news in European regional grain markets this week is the end of the Black Sea grain export initiative and Russia’s subsequent aggressive attacks on Ukraine’s Black Sea ports. The attacks, combined with insurers declaring the area a “war zone” and pulling coverage have quenched any hopes that Ukraine could use these ports in the near-term to ship agricultural products. Now, Ukraine is faced with two export routes, via the Danube River down to Romania or via rail into western Europe. Even exports through the Danube seem questionable given a Reuters report this morning that grain storage warehouses were hit overnight in the port of Reni on the Danube.  Milling...

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Summary of Futures

Mar 26 Corn closed at $4.3125/bushel, up $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.525/bushel, up $0.1525 from yesterday's close.  Mar 26 Soybeans closed at $11.3725/bushel, up $0.1325 from yesterday's close.  Mar 26 Soymeal closed at $307.9/short ton, up $4.9 fr...

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