# Grains, soybeans rally on fear of Russia-Ukraine conflict, surging oil | Reuters

> Soybeans rose for a fourth straight session, nearly reaching a nine-month high, as soaring energy prices lifted soybean oil futures about 3%. Concern over a South American soybean shortfall from poor weather added support.

- Date: 2022-02-22 · published 2022-02-22T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/8756-grains-soybeans-rally-on-fear-of-russia-ukraine-conflict-surging-oil-reuters
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Energy-driven strength in soyoil and concerns over South American supply tightness point to firmer soybean and soymeal prices.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- WTI: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-03-21 | [U.S. wheat, corn, soy rally on concerns about Ukraine-Russia fighting \| Financial Post](https://feedsoft.ai/events/6241-u-s-wheat-corn-soy-rally-on-concerns-about-ukraine-russia-fighting-financial.md) | +2.5% | +2.8% |
| SOY | 2022-02-24 | [Wheat, soybeans hit nine-year highs as Russia invades Ukraine](https://feedsoft.ai/events/8527-wheat-soybeans-hit-nine-year-highs-as-russia-invades-ukraine.md) | +0.1% | +2.6% |
| SOY | 2022-02-28 | [Wheat Continues Surge on Black Sea Supply Concerns as Ukraine-Russia Crisis Continues](https://feedsoft.ai/events/42754-wheat-continues-surge-on-black-sea-supply-concerns-as-ukraine-russia-crisis.md) | +5.4% | +7.5% |
| SOY | 2022-02-28 | [Impact Of Russia-Ukraine War On Amino Acid Market-reachever.com](https://feedsoft.ai/events/43034-impact-of-russia-ukraine-war-on-amino-acid-market-reachever-com.md) | +5.4% | +7.5% |
| SOY | 2022-04-05 | [The Russia-Ukraine War’s Impact on Global Fertilizer Markets - Rabobank](https://feedsoft.ai/events/41765-the-russia-ukraine-war-s-impact-on-global-fertilizer-markets-rabobank.md) | +3.3% | +3.5% |
| SBO | 2022-02-25 | [India stops buying sunoil as Ukraine conflict maroons shipments -dealers \| Reuters](https://feedsoft.ai/events/42813-india-stops-buying-sunoil-as-ukraine-conflict-maroons-shipments-dealers-reuters.md) | +3.6% | -2.1% |
| SBO | 2022-02-28 | [Impact Of Russia-Ukraine War On Amino Acid Market-reachever.com](https://feedsoft.ai/events/43034-impact-of-russia-ukraine-war-on-amino-acid-market-reachever-com.md) | +4.7% | +0.5% |
| SBO | 2022-02-24 | [Factbox: Russia’s Ukraine invasion seen disrupting vegetable oil, grain trade flows](https://feedsoft.ai/events/14511-factbox-russia-s-ukraine-invasion-seen-disrupting-vegetable-oil-grain-trade.md) | +5.0% | +0.9% |

## Sources

- reuters.com: https://www.reuters.com/article/global-grains-idAFL1N2UX1QG/

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