A killer boost (drone too?) ๐Ÿ’ฅ

swine o'clock May 05, 2023

๐Ÿค‘ Despite having reached their lowest levels in more than two years, the Chicago Board of Trade (CBOT) wheat contracts ignited a broad wave of technical buying that lifted prices due to rising tensions in Russia (the country is accusing Ukraine of trying to assassinate President Putin through a drone attack at the Kremlin).   

๐Ÿ“ˆ Other wheat contracts were boosted as well, and the ensuing spillover helped corn and soybean prices move higher. For the numbers, read this.