# Daily Market Wire 16 August 2019 - Grain Central

> Grain Central's daily market wire lists mid-August closes: Chicago December wheat 474.5c, Kansas 404.25c, Minneapolis 514.75c, December corn 371c, November soybeans 870.75c and Brent crude $58.23. The wire also notes the Kansas-Chicago spread's wide 89c low showing weak convergence.

- Date: 2019-08-16 · published 2019-08-16T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/57633-daily-market-wire-16-august-2019-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)

## Why it matters

Routine closing data show wheat and corn near multi-month lows, and the wide KC-Chicago spread favors HRW wheat as a feed option for buyers.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral
- KWHEAT: neutral

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-16-august-2019/

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