Ukraine Conflict shakes up markets
Commodity markets whipsawed on news of Russia’s invasion of Ukraine last week, spiking sharply higher in the immediate aftermath of the military maneuvers on Feb. 24 before giving back all of the gains and more in the next 24 hours.
May corn futures hit a high of $7.16 per bushel during intraday trading on Feb. 24 before settling back, ending the week at $6.55. Meanwhile, May soybean futures jumped as high as $17.59 per bushel — the highest since 2012 — before ending...
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