# Daily Market Wire 17 July 2020 - Grain Central

> Chicago wheat fell almost 3 percent on July 17, 2020 after weak US export sales undercut rumours of Chinese SRW purchases. Soybeans gained on a flash sale of 522,000 tonnes to China, and USDA weekly export sales showed wheat at 764,000 tonnes, corn at 1.6 Mt and soybeans at 1.1 Mt. Crude oil, the Australian, Canadian and euro currencies also moved lower against the dollar.

- Date: 2020-07-17 · published 2020-07-17T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/6208-daily-market-wire-17-july-2020-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Disappointing wheat demand and only modest corn and soybean export figures weigh on grain prices, while the China soybean purchase supports the bean market.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-05-11 | [Daily Market Wire 11 May 2021 - Grain Central](https://feedsoft.ai/events/7465-daily-market-wire-11-may-2021-grain-central.md) | -1.1% | -4.4% |
| WHEAT | 2016-10-23 | [Daily market wire 24 Oct 2016 - Grain Central](https://feedsoft.ai/events/10543-daily-market-wire-24-oct-2016-grain-central.md) | -2.0% | -0.5% |
| WHEAT | 2023-01-05 | [This weeks market movers: Grain market daily \| AHDB](https://feedsoft.ai/events/12191-this-weeks-market-movers-grain-market-daily-ahdb.md) | -2.7% | -3.0% |
| WHEAT | 2025-03-06 | [What’s driving global wheat markets? Grain market daily \| AHDB](https://feedsoft.ai/events/12566-what-s-driving-global-wheat-markets-grain-market-daily-ahdb.md) | -0.0% | +2.9% |
| WHEAT | 2019-05-10 | [Grain market week in review - May 10, 2019](https://feedsoft.ai/events/5736-grain-market-week-in-review-may-10-2019.md) | -0.5% | +4.8% |
| SOY | 2023-03-26 | [Daily Market Wire 27 March 2023 - Grain Central](https://feedsoft.ai/events/5084-daily-market-wire-27-march-2023-grain-central.md) | +5.4% | +2.6% |
| SOY | 2019-03-12 | [Daily Market Wire 13 March 2019 - Grain Central](https://feedsoft.ai/events/10671-daily-market-wire-13-march-2019-grain-central.md) | +3.2% | +2.4% |
| SOY | 2021-09-15 | [Daily Market Wire 16 September 2021 - Grain Central](https://feedsoft.ai/events/12294-daily-market-wire-16-september-2021-grain-central.md) | -0.2% | -6.1% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-17-july-2020/

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