# A Look at Feb. 24 Money Flows

> Markets on February 24 showed large intraday swings as the invasion of Ukraine hit. Crude oil traded up to 9.2% higher before closing only 0.8% higher. Spring wheat hit an intraday high near $11 a bushel and closed about 2.9% higher, while soybeans and soymeal gave up early gains. The Canadian dollar also hit its weakest level in over a month.

- Date: 2022-02-24 · published 2022-02-24T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/9679-a-look-at-feb-24-money-flows
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The session shows that war-related headlines drove sharp but unstable moves in energy and grains. Buyers should expect continued volatility in feed input prices.

## Read by commodity

- SOY: neutral
- WTI: bullish ▲
- WHEAT: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/AG/blogs/canada-markets/blog-post/2022/02/24/look-feb-24-money-flows

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