# Daily International Grain Market View -

> US farm markets closed mostly lower, with corn down 0.58%, soybeans down 0.99%, meal down 0.64% and SRW wheat down 1.23%. Traders took profits after multi-month highs, while Argentine forecasts turned wetter and Russian President Putin signaled Russia would retain grain stocks.

- Date: 2023-01-19 · published 2023-01-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10663-daily-international-grain-market-view
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Wetter Argentine forecasts reduced supply worries and pushed grain and meal lower, while Putin's remarks add a Black Sea risk premium to wheat. Feed buyers face mixed pressure across the complex.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲
- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- bancadelgrano.it: https://www.bancadelgrano.it/daily-international-grain-market-view-375/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.