Corn, soybeans and wheat traded sharply higher overnight that will likely continue into daytime, although some profit taking is likely.
For the first time since the onset of the war, Moscow expanded their missile strikes to attack Danube River port infrastructure.
Corn, soybeans and wheat faced selling pressure in the overnight sessions as optimism about the Black Sea deescalates geopolitical tensions.
Following Russia’s threat of any ships heading to Ukrainian ports being regarded as military vessels, Ukraine released a similar warning for ships heading into Russian ports or Ukrainian areas occupied by Kremlin troops.

Lane Akre