Moscow-Turkey's Foreign Minister SaysRussia Has Some Demands Regarding Exports Of Its Own Grain; UN-Prepared New Package For Grain Deal Important
Portfolio Pulse from Happy Mohamed
Turkey's Foreign Minister has announced that Russia has some demands regarding the exports of its own grain. The United Nations has prepared a new package for a grain deal, which is considered important.
August 31, 2023 | 2:35 pm
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NEUTRAL IMPACT
The news may impact the price of CORN ETF as it tracks the performance of corn futures.
The news about Russia's demands and the UN's new grain deal could potentially affect the global grain market, which in turn may impact the price of corn futures that the CORN ETF tracks.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
The news may impact the price of SOYB ETF as it tracks the performance of soybean futures.
The news about Russia's demands and the UN's new grain deal could potentially affect the global grain market, which in turn may impact the price of soybean futures that the SOYB ETF tracks.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
The news may impact the price of WEAT ETF as it tracks the performance of wheat futures.
The news about Russia's demands and the UN's new grain deal could potentially affect the global grain market, which in turn may impact the price of wheat futures that the WEAT ETF tracks.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50