# Daily Market Wire 1 November 2022 - Grain Central

> US and Australian wheat markets gapped 4-6% higher on Monday after Russia suspended the Black Sea grain deal. Chicago, Kansas and Minneapolis wheat, corn, soybeans and Australian barley all rose, and the UN said Ukrainian grain ships continued to leave despite the suspension.

- Date: 2022-10-31 · published 2022-10-31T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude high
- Page: https://feedsoft.ai/events/39159-daily-market-wire-1-november-2022-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), [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Broad gains across wheat, corn, soybeans and barley reflect fears of reduced Black Sea grain flows, raising the cost of feed ingredients.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- BARLEY: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-09-17 | [Daily Market Wire 17 September 2019 - Grain Central](https://feedsoft.ai/events/9891-daily-market-wire-17-september-2019-grain-central.md) | +2.4% | +2.8% |
| WHEAT | 2022-12-15 | [Market Perspectives – December 15, 2022 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/5517-market-perspectives-december-15-2022-u-s-grains-and-bioproducts-council.md) | -1.1% | -3.8% |
| WHEAT | 2022-03-29 | [Brazil hopes to be the corn market saviour - Grain Central](https://feedsoft.ai/events/13736-brazil-hopes-to-be-the-corn-market-saviour-grain-central.md) | -9.0% | -3.6% |
| WHEAT | 2023-05-16 | [Even lower rapeseed prices next season? Grain market daily \| AHDB](https://feedsoft.ai/events/36057-even-lower-rapeseed-prices-next-season-grain-market-daily-ahdb.md) | -2.2% | -7.3% |
| WHEAT | 2022-01-25 | [Frost risk remains for Black Sea crops: Grain market daily \| AHDB](https://feedsoft.ai/events/43080-frost-risk-remains-for-black-sea-crops-grain-market-daily-ahdb.md) | -2.1% | -0.8% |
| CORN | 2019-09-17 | [Daily Market Wire 17 September 2019 - Grain Central](https://feedsoft.ai/events/9891-daily-market-wire-17-september-2019-grain-central.md) | +1.7% | +4.7% |
| CORN | 2022-12-15 | [Market Perspectives – December 15, 2022 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/5517-market-perspectives-december-15-2022-u-s-grains-and-bioproducts-council.md) | +2.2% | +4.0% |
| CORN | 2022-03-29 | [Brazil hopes to be the corn market saviour - Grain Central](https://feedsoft.ai/events/13736-brazil-hopes-to-be-the-corn-market-saviour-grain-central.md) | +2.7% | +4.0% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-1-november-2022/
- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-31-october-2022/

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