# Daily Market Wire 13 March 2019 - Grain Central

> CBOT May wheat settled up 24.5 cents to 453 cents and KC wheat rose 22.5 cents, while corn and soybeans also gained. Lighthizer said US-China trade talks were in their final weeks but a deal was not assured. Crude oil and currencies firmed against the dollar.

- Date: 2019-03-12 · published 2019-03-12T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/10671-daily-market-wire-13-march-2019-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Hopes for a US-China trade deal support demand expectations for soybeans and grains, while the broader market was lifted by a short-covering rally. Price direction depends on whether the trade talks resolve.

## Read by commodity

- SOY: bullish ▲
- WTI: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| KWHEAT | 2019-03-11 | 1 | +5.2% | 3.4 | Reports KC and CBOT wheat settling sharply higher on short-covering and US-China trade-deal optimism, consistent with the rally, but it is dated a day after the move. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-03-26 | [Daily Market Wire 27 March 2023 - Grain Central](https://feedsoft.ai/events/5084-daily-market-wire-27-march-2023-grain-central.md) | +10.6% | -4.5% |
| WHEAT | 2021-09-15 | [Daily Market Wire 16 September 2021 - Grain Central](https://feedsoft.ai/events/12294-daily-market-wire-16-september-2021-grain-central.md) | -3.8% | +4.6% |
| WHEAT | 2025-11-04 | [Daily Market Wire 4 November 2025 - Grain Central](https://feedsoft.ai/events/6939-daily-market-wire-4-november-2025-grain-central.md) | -3.7% | -1.2% |
| WHEAT | 2026-07-16 | [Feedgrain Focus: Offshore heat kicks local market - Grain Central](https://feedsoft.ai/events/5068-feedgrain-focus-offshore-heat-kicks-local-market-grain-central.md) | +4.0% | -0.0% |
| WHEAT | 2017-05-17 | [China the hero market for Australian barley and wheat - Grain Central](https://feedsoft.ai/events/71077-china-the-hero-market-for-australian-barley-and-wheat-grain-central.md) | +3.0% | +2.1% |
| KWHEAT | 2023-03-26 | [Daily Market Wire 27 March 2023 - Grain Central](https://feedsoft.ai/events/5084-daily-market-wire-27-march-2023-grain-central.md) | +3.5% | -1.8% |
| KWHEAT | 2021-09-15 | [Daily Market Wire 16 September 2021 - Grain Central](https://feedsoft.ai/events/12294-daily-market-wire-16-september-2021-grain-central.md) | +0.6% | +7.8% |
| KWHEAT | 2025-11-04 | [Daily Market Wire 4 November 2025 - Grain Central](https://feedsoft.ai/events/6939-daily-market-wire-4-november-2025-grain-central.md) | -0.9% | -1.6% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-13-march-2019/

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