CHICAGO- Chicago Board of Trade soybean futures rose on Friday on diminishing harvest estimates in South America, though trading remained volatile a day after prices reached a nine-month high, analysts said.
Corn and wheat futures jumped on increased concerns that Russia may invade Ukraine and disrupt grain shipments from the Black Sea region, a key area for exports. Washington urged all US citizens to leave the country within 48 hours.
“The ags are supported by weather and geopolitical risks going into the weekend,” said ArlanSuderman, chief commodities economist for StoneX.