# Daily Market Wire 27 October 2022 - Grain Central

> Overnight grain markets made small mixed moves, with Chicago and Kansas wheat up and corn and soybeans slightly lower. A preliminary inspection of a possible mine-like object in the Black Sea export corridor halted ship traffic, and Rosario cut Argentina's 2022-23 wheat forecast to 13.7Mt amid drought.

- Date: 2022-10-26 · published 2022-10-26T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/39228-daily-market-wire-27-october-2022-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Argentine wheat cut to 13.7Mt from 15Mt tightens South American exportable supplies and supports wheat prices, while Black Sea shipping disruption adds risk premium.

## Read by commodity

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

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-27-october-2022/

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