Bloomberg reports in the 24 hours after Putin recognized two breakaway Ukrainian republics, the US and its allies bought $700 million in Russian oil, gas and commodities.
Russian News reported last evening that the US Secretary State Antony J. Blinken said Russia will invade Ukraine before dawn today. Dawn in Ukraine was 6 hours ago an the news just broke:
CBS News reports: Explosions have been heard in the Ukrainian cities of Kyiv and Kharkiv, in what is likely the beginning of a full-scale Russian invasion. Other reports were the explosions were heard at 5:05 AM.
Earlier Thursday Putin in a televised speech said he has authorized a “special military operation” in eastern Ukraine, according to AP and BBC News. Explosions have been reported in multiple cities in Ukraine following Putin’s announcement. Earlier, Putin secured approval to use armed forces abroad and a Kremlin spokesperson said that Russian-backed leaders in eastern Ukraine requested military assistance.
March Corn is up 31 cents at $7.12. The high $7.18. March beans are up 38 at $17.13. High $17.24. July wheat is up 47 cents at $9. 24; the high is $9.28.