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Grain Prices Surge Amid Russian Tensions and Planting Delays
Grain prices fluctuate as wheat spikes then falls due to Russia's actions. Corn and soybeans rise, driven by planting delays and potential export boosts. Livestock and oil markets also show varied movements.
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Russian Wheat Crop Woes Boost Global Prices
Grain futures rallied, led by dry weather concerns in Russia and Ukraine. Wheat, corn, and soybean prices fluctuated, while cattle futures rose on strong beef demand and expected positive reports.
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Wheat Soars on Russian Weather Woes
Grains rallied due to Russia's weather issues and Ukraine tensions. Wheat led gains, followed by corn and beans. Wet US weather shifted corn acres to beans. Cattle and hog prices mixed.
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Wheat Swings and Soybeans Surge
Wheat futures fluctuate 10-15 cents daily due to Black Sea crop concerns and Kansas City wheat tour results. Soybeans rise on Brazilian demand. Cattle prices peak pre-Memorial Day.
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Delayed Planting Pressures Prices
Farmer selling impacts wheat and corn prices, while soybeans drop despite sales. Delayed planting affects corn prices in key states. Livestock futures show optimism. Gold, silver, Bitcoin rise; crude rebounds.
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Weather Delays Impact Grain Prices
Midweek saw early wheat gains sold off as farmers sold pickup, then prices rose again briefly. Corn and wheat dropped, soybeans fluctuated. Delayed planting due to inclement weather persists, affecting prices.