# Daily Market Wire 8 October 2018 - Grain Central

> CBOT wheat, corn and soybeans closed higher on October 5, with soybeans up 9.75 cents to 869. Wheat rallied on the week amid Russian export pace and Australian production concerns, and corn reached its highest close in a month on harvest delays and short covering.

- Date: 2018-10-07 · published 2018-10-07T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/12058-daily-market-wire-8-october-2018-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

Harvest delays and short covering lift corn and soybean futures, while Russian export pace and Australian output keep wheat supported.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- CANMEAL: neutral

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-8-oct-2018/

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