Grain trade absorbs potential Russian/Ukraine cease-fire.
A Mix of Soft Wheat and Steady Row Crops Amidst Declining Volume, Ahead of Key USDA Reports and Trade Developments
This morning’s grain trade is mixed with wheat softer while row crops are steady/firm. Volume has dropped considerably, with three full trading days remaining until Monday at 11:00 a.m., when we receive the Stocks and Acreage Intentions report. The average estimate for corn is at 94.4 million acres, soybeans at 83.8 million acres, and all wheat at 46.4 …
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