# Daily Market Wire 13 May 2019 - Grain Central

> Chicago, Kansas and Minneapolis wheat futures, MATIF wheat and rapeseed, July corn and July soybeans all closed lower on 10 May 2019. The USDA's May WASDE showed global wheat carryout near 293 million tonnes, and corn balance sheet expectations were discussed.

- Date: 2019-05-12 · published 2019-05-12T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/5739-daily-market-wire-13-may-2019-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.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

Large global wheat carryout is bearish for wheat prices, while expectations of a tighter US corn balance sheet in June offer limited support.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-03-11 | [Daily Market Wire 12 March 2025 - Grain Central](https://feedsoft.ai/events/25517-daily-market-wire-12-march-2025-grain-central.md) | +5.7% | +1.9% |
| WHEAT | 2022-01-12 | [Daily Market Wire 13 January 2022 - Grain Central](https://feedsoft.ai/events/43098-daily-market-wire-13-january-2022-grain-central.md) | +3.9% | +2.0% |
| WHEAT | 2024-07-14 | [Daily Market Wire 15 July 2024 - Grain Central](https://feedsoft.ai/events/29204-daily-market-wire-15-july-2024-grain-central.md) | -3.2% | -2.3% |
| WHEAT | 2025-07-14 | [Daily Market Wire 14 July 2025 - Grain Central](https://feedsoft.ai/events/11931-daily-market-wire-14-july-2025-grain-central.md) | -1.6% | -2.0% |
| WHEAT | 2020-06-12 | [Daily Market Wire 12 June 2020 - Grain Central](https://feedsoft.ai/events/4927-daily-market-wire-12-june-2020-grain-central.md) | -1.3% | -4.6% |
| CORN | 2022-01-12 | [Daily Market Wire 13 January 2022 - Grain Central](https://feedsoft.ai/events/43098-daily-market-wire-13-january-2022-grain-central.md) | -2.6% | +3.6% |
| CORN | 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) | -1.3% | -2.7% |
| CORN | 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) | +0.3% | +2.8% |

## Sources

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

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