# Daily Market Wire 21 December 2021 - Grain Central

> Chicago, Kansas and Minneapolis wheat settled mixed, corn fell about 2 cents, and soybeans rose about 6 cents. Soybean meal gained about $6 per short ton, while soybean oil and Matif canola eased. Broader markets fell as Goldman cut its US GDP forecast citing Omicron.

- Date: 2021-12-20 · published 2021-12-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11530-daily-market-wire-21-december-2021-grain-central
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Soybean meal strength supports feed costs for livestock, while lower corn prices ease feed grain costs, and the macro weakness adds short-term volatility.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bearish ▼
- WHEAT: neutral

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-21-december-2021/

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