# Corn, soy rise on Black Sea ceasefire caution - Big River Resources

> Corn, soybean, soymeal, soyoil and wheat futures rose on March 30 as crude oil climbed on investor caution over Russia-Ukraine peace talks. Soybean futures gained 8 to 14 cents and soyoil rose 54 cents per pound. Planting progress in the Midwest was expected to slow due to rain and cooler weather.

- Date: 2022-03-30 · published 2022-03-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/42297-corn-soy-rise-on-black-sea-ceasefire-caution-big-river-resources
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher crude and vegetable oil prices support biofuel-linked demand for corn and soyoil, while war-related supply risk lifts grain values. Wet weather may delay planting.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- WTI: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Sources

- bigriverresources.com: https://bigriverresources.com/story-corn-soy-rise-black-sea-ceasefire-caution-22-223054

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.