# Daily Market Wire 13 November 2019 - Grain Central

> Hard wheat futures rose almost 4% on November 13, with Kansas HRW December up 16 cents and Chicago SRW up 11.25 cents. Corn also gained about 4.5 cents. Commentary attributed the Kansas rally to technical breakouts and short covering by speculators, not to meaningful cold damage to the crop.

- Date: 2019-11-13 · published 2019-11-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/56140-daily-market-wire-13-november-2019-grain-central
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The rally was driven mainly by technical buying against near-record fund shorts, so it may not hold without fundamental support. Feed buyers should watch whether cash wheat firmness persists.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-13-november-2019/

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