# Daily Market Wire 14 August 2020 - Grain Central

> Chicago, KC and Minneapolis wheat, Chicago corn and soybeans, MATIF wheat, and Winnipeg canola all closed firmer on August 14, 2020. Brent crude fell US$0.47 to $44.96 a barrel. Traders attributed the rally to export sales and the possibility of lower US acreage, with the US/China trade talks ahead.

- Date: 2020-08-14 · published 2020-08-14T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/11346-daily-market-wire-14-august-2020-grain-central
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Routine price moves across grains give buyers a read on the market, but the cited causes are general and do not change the supply outlook. Lower crude prices slightly weigh on biofuel-linked demand.

## Read by commodity

- SOY: bullish ▲
- WTI: bearish ▼
- CORN: bullish ▲
- WHEAT: bullish ▲

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-14-august-2020/

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