# Daily Market Wire 9 May 2019 - Grain Central

> Grain futures were mostly lower on May 9, 2019, with Chicago, Kansas and Minneapolis wheat, corn and soybeans all down, while the US dollar strengthened. The market was quiet ahead of the USDA May WASDE report, where traders expected cuts to US corn and wheat production from wet weather and possible lower soybean export demand from African swine fever.

- Date: 2019-05-09 · published 2019-05-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12094-daily-market-wire-9-may-2019-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Ahead of the report, traders are positioning for tighter US corn and SRW wheat supplies, but a stronger dollar and lower export demand for soybeans weigh on prices. The outcome of the USDA report will determine the near-term direction.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-9-may-2019/

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