US farm markets, mostly, suffered heavy losses during Wednesday’s sell-off.
Soybeans spilled 1.26% lower, soymeal lost nearly 2%, while soyoil tumbled about 3% lower.
Some wheat contracts lost about 2.9%.
Corn, has found immunity among the widespread selloff, gathering 0.56% gains.
In Europe, grain and oilseeds continued their fall, in an uncompetitive context, mainly linked to the rise of the euro.
Oil prices rose about 2% to a one-week high.
The BDI logged worst day in five weeks, shedding about 3.7%.
On Wall Street, US stock indexes gave up an early advance, whipsawed lower after the FOMC meeting, and sold off further into the close, with the S&P 500 and the DOW falling more then 1.6%.
The DXY fell by -0.90% and posted a 6-week low, as the British pound rose due to an unexpected increase in the UK Feb CPI, and the hawkish comments from ECB President Lagarde pushed the euro up to a 5-week high.
Notably, Chicago wheat May contract was down US19.6 cents to 663.4c/bu;
Kansas wheat May contract was down 9c/bu to 811.2c/bu;
Minneapolis wheat May contract was down 12c/bu to 833.6c/bu;
MATIF wheat May contract was down €5.5/t to €248/t;
Black Sea wheat Apr contract was down $0.5/t to $292.5/t;
ASX wheat May contract, was down A$5/t to A$386/t;
US DWI Cash (durum wheat index) was down 0.69c/bu to 854.31c/bu;
1CWAD (Canadian durum) avg reg was down C$0.22/t to C$455.84/t;
EDW (EU durum) May contract was unch to €428/t;
Chicago corn May up 3.4c/bu to 633.4c/bu;
MATIF corn Jun was down €5.5/t to €244.75/t;
Soybeans May contract down 18.4c/bu to 1448.4c/bu;
Winnipeg canola May, was down C$9.4/t to C$720/t;
MATIF rapeseed May, was down €10.5/t to €430.5/t;
Brent crude May was up US$1.37 per barrel to $76.69;
WTI crude May was up US$1.23 per barrel to $70.90;
BDI Baltic Dry Index was down 56 points to 1.456;
Dow Jones was down 530.59 points to 32.030,11;
S&P 500 was down 65.90 points to 3.936,97;
NASDAQ Composite down 190.15 points to 11.669,96;
US dollar index (Jun ’23) was down 0.925 to 101.972;
AUD/USD firmer at US$0.6682;
USD/CAD firmer at $1.3727;
EUR/USD firmer at $1.0855;
USD/RUB weaker at ₽76.9496.
