Brent and WTI fell significantly in the last two trading days and thus also weighed on the prices for soy and corn on the CBoT. Yesterday in particular, prices came under selling pressure on fears of renewed tensions between China and the US over the visit of Nacy Pelosi. Today's OPEC+ meeting is eagerly awaited. Most recently, the member states were unable to implement the increases in funding they had decided upon. US President Joe Biden recently tried to expand funding during his visit to Saudi Arabia. Currently (9:50 a.m.) Brent is trading at USD 99.91 and WTI at USD 93.76 per barrel with slight losses.
Image
Source
VR AgrarBeratung AG