Russian/Ukraine tensions prop wheat and corn

Both KC & Chicago wheat were up 20 cents or better and corn closed over 620 for the first time since early last summer. The wheat market will be the barometer for what is happening on the Ukraine border. Overnight corn, soybeans and wheat finished a little higher but wheat was the only significant gainer. In South America Argentina is getting better rains than Paraguay and S Brazil so we will see how much those crops can rebound and if they can claw some production back. Look for supportive pricing to start today. Watch 6.10 and 13.92 for support. NFC Grain Comments 1.25.22 (1)

Sign up for text alerts from NFC! Enter your mobile number to join: