US farm markets mostly fell on Tuesday.
Soybean eased after reaching an eight-month high a day earlier, while the advancing of a likely record-large soy crop in Brazil, added more pressure.
Soymeal also shedded after hitting its highest level since 2014.
Corn and wheat drifted lower in Chicago, with worries about a global recession adding to bearish sentiment.
Grain prices, in contrast, traded at around a one-month high on Euronext due increasing tensions in the Black Sea export zone.
Oil prices dropped on bigger-than-expected surge in the U.S. crude inventories and expectations of further interest rate hikes.
The Baltic Index slumped as Capesize seen worst dip in six months.
Stocks settled mixed as bond yields climbed after Tuesday’s U.S. Jan CPI report.
The dollar index, recovered most of its losses, but posted modest losses on the strengthening of sterling and euro.
Notably, Chicago wheat Mar contract was down US6 cents to 786c/bu;
Kansas wheat Mar contract was down 6.2c/bu to 906c/bu;
Minneapolis wheat Mar contract up 1.2c/bu to 932c/bu;
MATIF wheat Mar contract was up €0.75/t to €299.5/t;
Black Sea wheat Mar contract was unchanged to $304/t;
ASX wheat March contract, down A$0.5/t to A$396.5/t;
US DWI Cash (durum wheat index) was unchanged to 895.71c/bu;
1CWAD (Canadian durum) avg reg was up C$3.09/t to C$452.38/t;
EDW (EU durum) March contract was down €1.25/t to €420.5/t;
Chicago corn Mar contract down 2.6c/bu to 682.2c/bu;
MATIF corn Mar contract was up €1/t to €298/t;
Soybeans Mar contract down 5.2c/bu to 1537.4c/bu;
Winnipeg canola Mar contract, was down C$3.1/t to C$826.1/t;
MATIF rapeseed May contract was down €1.75/t to €553.5/t;
Brent crude Apr was down US$1.03 per barrel to $85.58;
WTI crude Mar was down US$1.08 per barrel to $79.06;
BDI Baltic Dry Index was down 53 points to 563;
Dow Jones was down 156.66 points to 34.089,27;
S&P 500 was down 1.16 points to 4.136,13;
NASDAQ Composite up 68.36 points to 11.960,15;
US dollar index (Mar ’23) was down 0.125 to 103.123;
AUD/USD firmer at US$0.6985;
USD/CAD firmer at $1.3334;
EUR/USD firmer at $1.0735;
USD/RUB weaker at ₽73.6028.
