# Daily Market Wire 15 July 2024 - Grain Central

> Following the July WASDE, Chicago December wheat fell 19.25 cents to 575.75 cents per bushel and Kansas and Minneapolis wheat also dropped sharply. December corn rose 4 cents while November soybeans fell 2.5 cents. The report cut U.S. corn 2024-25 ending stocks to 2.097 billion bushels and raised U.S. wheat stocks to 856 million bushels.

- Date: 2024-07-14 · published 2024-07-14T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/29204-daily-market-wire-15-july-2024-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

The wheat drop reflects the larger supply outlook, while the firmer corn price shows the tighter stocks number is supporting feed grain values. Soybeans eased modestly on the report.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-07-14 | [Daily Market Wire 14 July 2025 - Grain Central](https://feedsoft.ai/events/11931-daily-market-wire-14-july-2025-grain-central.md) | -1.6% | -2.0% |
| WHEAT | 2020-06-12 | [Daily Market Wire 12 June 2020 - Grain Central](https://feedsoft.ai/events/4927-daily-market-wire-12-june-2020-grain-central.md) | -1.3% | -4.6% |
| WHEAT | 2025-03-11 | [Daily Market Wire 12 March 2025 - Grain Central](https://feedsoft.ai/events/25517-daily-market-wire-12-march-2025-grain-central.md) | +5.7% | +1.9% |
| WHEAT | 2019-05-12 | [Daily Market Wire 13 May 2019 - Grain Central](https://feedsoft.ai/events/5739-daily-market-wire-13-may-2019-grain-central.md) | -0.4% | +4.7% |
| WHEAT | 2022-01-12 | [Daily Market Wire 13 January 2022 - Grain Central](https://feedsoft.ai/events/43098-daily-market-wire-13-january-2022-grain-central.md) | +3.9% | +2.0% |
| CORN | 2020-06-12 | [Daily Market Wire 12 June 2020 - Grain Central](https://feedsoft.ai/events/4927-daily-market-wire-12-june-2020-grain-central.md) | +0.2% | +1.6% |
| CORN | 2020-06-30 | [Daily Market Wire 30 June 2020 - Grain Central](https://feedsoft.ai/events/52723-daily-market-wire-30-june-2020-grain-central.md) | +3.3% | -1.5% |
| CORN | 2020-10-01 | [Daily Market Wire 1 October 2020 - Grain Central](https://feedsoft.ai/events/50597-daily-market-wire-1-october-2020-grain-central.md) | -0.3% | +6.4% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-15-july-2024/

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