Loading…
Corn, soybeans and soymeal fell in early trade as speculative selling and falling energy prices hit the complex. Ukraine's spring grain acreage is forecast to drop 39% due to the Russian invasion, limiting fuel and fertilizer access and export capacity.
Lower Ukrainian plantings reduce expected global grain supply later in the year, which is supportive for feed grain prices, though the day's move was driven by energy and speculative selling.
theseam.comMar 15, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
