Grains were mostly higher Wednesday after Russian shelling continued near Kyiv overnight, despite Tuesday’s promise to withdraw Russian forces from the area. May KC wheat was the largest percentage gainer in the grain sector, closing up 20 cents at $10.44 1/2. The trade is looking ahead to the USDA reports on Thursday. These reports are known for surprises and the trade will be watching closely along with the latest headlines out of Ukraine.
Farm and Ranch Director Jesse Allen has our closing report:
Also, more analysis with Jesse Allen and Mike Zuzolo of Global Commodity Analytics on today’s Market Talk below: