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Mixed Market Trends Amid Rising Wheat Prices and Geopolitical Tensions

2/28/2026

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Story summary
  • Markets show mixed trends on February 27, 2026, amid geopolitical tensions involving Iran and Russia in Ukraine.
  • Corn prices rose 2.5 cents per bushel.
  • Soybeans fell 1.25 cents.
  • Wheat prices increased, with May KC wheat up 13.5 cents and Chicago wheat up 14.25 cents.
  • Livestock data show cattle slaughter at 92,000 and hog slaughter at 475,000.