# Daily Market Wire 5 April 2019 - Grain Central

> CBOT May wheat closed down slightly while Kansas HRW rose and Minneapolis spring wheat fell sharply. Corn and soybeans gained on optimism about an imminent China trade deal, and Winnipeg canola and MATIF rapeseed also rose. Crude oil closed lower after an intraday rally above $70 for Brent.

- Date: 2019-04-04 · published 2019-04-04T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/11379-daily-market-wire-5-april-2019-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), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Trade-deal optimism is supporting soybeans and corn, while wheat is mixed. Movements in these benchmark contracts reflect routine market sentiment rather than new supply changes.

## Read by commodity

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

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-5-april-2019/

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