On five Sundays since protests began in Ukraine, Viktor Skochko made the 600-kilometer (372-mile) round trip from his farm east of Kiev to join demonstrations in the capital that ultimately toppled the government. By each Monday, he was back preparing to sow spring crops.
Corn extended a drop from a six- month high on speculation global supplies were ample and exports from Ukraine, set to be the third-biggest shipper, will be unaffected by Russia’s military intervention in Crimea.
Asian stocks rose a second day after comments from Russian President Vladimir Putin signaled the Ukraine crisis won’t immediately escalate. China shares slid amid concern the country is facing its first onshore corporate bond default.
Global stocks rebounded from the biggest drop in a month and the ruble rallied as Russia said there was no immediate need to invade eastern Ukraine. Bonds retreated with gold as oil slipped the most in two months.
Commodities declined from the highest level in almost six months on speculation that the threat to energy and agricultural supplies from escalating tension in Ukraine’s Crimea region may be exaggerated.
Emerging-market stocks rose, following the biggest slide in a month, as concern eased that Ukraine’s crisis would escalate after Russian President Vladimir Putin ordered the end of military exercises in the country.