Argentine weather remains a concern through February.

There is still a bit of price influence in grains with Russian tensions. Ukrainian military officials suggest Russia has stepped up efforts in recent days and they have made minor gains. The bulk of the new effort is still expected in the days ahead. Russia's president is scheduled to give an annual speech to parliament on 2/21. That is the date they recognized the four breakaway regions in Ukraine. Russia later announced an official annexation. The coming 2/24 one year anniversary of the invasion is directly after.

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