# Daily Market Wire 1 November 2023 - Grain Central

> Chicago December wheat fell 9.75 cents to 556.25 cents per bushel and Kansas HRW fell 15.75 cents on November 1. Argentina's wheat crop was pegged at 14.5 million tonnes, 2 million below USDA, with frost damage still being assessed.

- Date: 2023-10-31 · published 2023-10-31T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/33650-daily-market-wire-1-november-2023-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Lower Argentine wheat and export forecasts could support prices, but routine daily losses in US and Australian wheat keep the market under pressure.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bearish ▼
- BARLEY: neutral
- KWHEAT: bearish ▼

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-1-november-2023/

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