World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Wheat was trading steady to slightly lower overnight until reports hit the news that Ukraine had fired on a Russian truck convoy within its borders. That pushed Chicago wheat futures sharply higher on the uncertainty of what effect additional military action might eventually have on Black sea wheat exports. General Comments It was a curious day in the markets today with all sorts of different news bits affecting prices and creating big price swings. Here are some of those factors:

An early morning report that Ukraine had fired on a Russian convoy inside its borders totally changed the tenor of the wheat market from trading slightly lower to moving as much as 15-18 cents higher at one point. The NOPA July soybean crush number came in h...

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Jul 26 Corn closed at $4.635/bushel, down $0.0025 from yesterday's close.  Jul 26 Wheat closed at $6.1675/bushel, down $0.035 from yesterday's close.  Jul 26 Soybeans closed at $11.785/bushel, up $0.0375 from yesterday's close.  Jul 26 Soymeal closed at $319.1/short ton, up $2.6...

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feed-grains soy-oilseeds wheat

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