News

Futures rise overnight in the US

Wheat
Maize (Corn)
United States
Published Sep 30, 2022

Tridge summary

Ukraine and Western countries will not recognize annexation efforts in the Donetsk, Luhansk, Kherson and Zaporizhzhia regions

Original content

Grain and soybean futures rose in overnight trading on concerns about shipments from Ukraine and poor weather in South America, according to information released by agriculture.com. Russia is expected to annex parts of Ukraine today, allowing it to claim the territory as its own and claim that any attack on the regions by Ukrainian forces would be an attack on Russia itself. of Ukraine. About 25 civilians were reportedly killed in a Russian missile attack on the city of Zaporizhzhia, according to various media outlets. Ukraine's President Volodymyr Zelensky called Russia a "terrorist state" after the attack. A deal was reached in late July that allowed Ukraine's grain to flow from port cities, but rising tensions in recent weeks and comments from Russian President Vladimir Putin have left some wondering how long the deal will remain in place. . In South America, meanwhile, dry weather is expected over the weekend in Argentina, while some rain will fall in Brazil, said Don Keeney, ...
Source: Agrolink
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