# Daily Market Wire 30 June 2020 - Grain Central

> On June 30, Chicago, Kansas and Minneapolis wheat, corn and soybeans rallied, with Chicago wheat up about 11 cents and corn up 9.5 cents. StatsCan pegged Canadian wheat planting at 24.97 million acres versus 25.2 million expected, and canola at 20.78 million acres, while US spring wheat conditions fell to 69% good-to-excellent. Traders were watching the USDA acreage report that evening.

- Date: 2020-06-30 · published 2020-06-30T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/52723-daily-market-wire-30-june-2020-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), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Smaller-than-expected Canadian wheat and canola plantings and falling US spring wheat ratings support grain prices, while the acreage report could move corn and soybean values sharply.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-06-27 | [Daily Market Wire 29 June 2018 - Grain Central](https://feedsoft.ai/events/8585-daily-market-wire-29-june-2018-grain-central.md) | -4.3% | +1.3% |
| WHEAT | 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) | +2.1% | +3.5% |
| WHEAT | 2021-09-30 | [Daily Market Wire 1 October 2021 - Grain Central](https://feedsoft.ai/events/45040-daily-market-wire-1-october-2021-grain-central.md) | +5.6% | +8.7% |
| WHEAT | 2020-03-23 | [COCERAL cuts 2020 EU grain estimate market report](https://feedsoft.ai/events/54066-coceral-cuts-2020-eu-grain-estimate-market-report.md) | -6.6% | -4.4% |
| WHEAT | 2020-08-26 | [Coceral cuts EU grain harvest 2020 again market report](https://feedsoft.ai/events/51572-coceral-cuts-eu-grain-harvest-2020-again-market-report.md) | -1.7% | +7.4% |
| KWHEAT | 2018-06-27 | [Daily Market Wire 29 June 2018 - Grain Central](https://feedsoft.ai/events/8585-daily-market-wire-29-june-2018-grain-central.md) | +0.9% | +18.1% |
| KWHEAT | 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) | +6.8% | +6.6% |
| KWHEAT | 2021-09-30 | [Daily Market Wire 1 October 2021 - Grain Central](https://feedsoft.ai/events/45040-daily-market-wire-1-october-2021-grain-central.md) | +4.7% | +10.0% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-30-june-2020/

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