# Commodity Report Hensall Co-op

> A Hensall Co-op commodity report said the January 10 USDA report was a dud, with mostly bearish numbers that prices largely shrugged off. Wheat was the strongest grain on technical buying, with continuation charts at their best since August 2018. Corn yields were raised to 168 bu/ac and soybean carryouts were noted as falling.

- Date: 2020-01-15 · published 2020-01-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55022-commodity-report-hensall-co-op
- 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

Wheat strength on technical buying and falling carryouts support prices, while higher corn yields keep a bearish cap on feed grains.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼
- WHEAT: bullish ▲

## Sources

- hensallco-op.ca: https://hensallco-op.ca/blog/commodity-report-20200115093744.htm

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