# Wheat set for second monthly gain on Black Sea supply woes - Markets - Business Recorder

> Chicago wheat edged higher on Friday, on track for a second monthly gain, as Black Sea supply concerns and dry conditions in key exporting countries supported prices. Corn and soybeans were little changed for the month, with traders watching the USDA grain stocks and small grains reports.

- Date: 2022-09-30 · published 2022-09-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/39631-wheat-set-for-second-monthly-gain-on-black-sea-supply-woes-markets-business
- 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

Black Sea supply risk and dry weather in exporters support wheat, while soybeans and corn drift with the broader market and recession worries.

## Read by commodity

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

## Sources

- brecorder.com: https://www.brecorder.com/news/40200599

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