Threat from the Kremlin not yet affecting the grain market

Reports from Canada were quite bullish for the grain market. However, there was little attention to this in the trading. The situation surrounding Russia with a large military exercise and this morning even a violation of Polish airspace does not make the grain market any more secure. In the US, farmers are more focused on the weather reports than on geopolitical developments. Dry weather there is favorable for harvesting early corn, but the later crops could use some moisture.