US farm markets rallied on Friday, with wheats leading the rally.
Oil prices rose more than 2%.
Stocks settled mixed, on strength in energy stocks and weakness in tech, while the dollar rallied moderately after the 10-year T-note yield climbed to a 5-week high.
Notably, Chicago wheat Mar contract was up US28.6 cents to 786c/bu;
Kansas wheat Mar contract was up 30c/bu to 909c/bu;
Minneapolis wheat Mar contract up 13c/bu to 930.2c/bu;
MATIF wheat Mar contract was up €5.25/t to €297/t;
Black Sea wheat Mar contract was down $0.5/t to $304.25/t;
ASX wheat March contract, up A$1/t to A$391/t;
US DWI Cash (durum wheat index) was down 2.86c/bu to 896.43c/bu;
1CWAD (Canadian durum) avg reg was up C$2.64/t to C$448.59/t;
EDW (EU durum) March contract was unchanged to €434/t;
Chicago corn Mar contract up 9.6c/bu to 680.4c/bu;
Soybeans Mar contract up 23.2c/bu to 1542.4c/bu;
MATIF corn Mar contract was up €4/t to €291.75/t;
Winnipeg canola Mar contract, was up C$4.5/t to C$832.2/t;
MATIF rapeseed May contract was up €2.75/t to €550.5/t;
Brent crude Apr was up US$1.89 per barrel to $86.39;
WTI crude Mar was up US$1.66 per barrel to $79.72;
BDI Baltic Dry Index was up 10 points to 602;
Dow Jones was up 169.39 points to 33.869,27;
S&P 500 was up 8.96 points to 4.090,46;
NASDAQ Composite down 71.64 points to 11.718,12;
US dollar index (Mar ’23) was up 0.429 to 103.535;
AUD/USD weaker at US$0.6916;
USD/CAD weaker at $1.3344;
EUR/USD weaker at $1.0675;
USD/RUB firmer at ₽73.0860.
