Price surge resumes for corn, soybeans, wheat

Soybeans were sharply higher on commercial and technical buying. The volatility and uncertainty connected to Russia’s invasion of Ukraine continued to impact commodity and financial markets. Beans are also monitoring conditions in South America, with the possibility of further reductions in crop projections. Those declining prospects have helped U.S. exports pick up steam. China bought 136,000 tons of new crop U.S. beans and unknown purchased 120,000 tons of old crop. The USDA announced a U.S.

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