# Daily market wire 29 January 2018 - Grain Central

> Daily market wire for January 29 reports CBOT wheat up 6.5c to 441c, corn up 1.25c to 356.5c, soybeans down 6.75c to 997c, and Winnipeg canola down C$2.59 to C$500.30/t. Soybean meal fell $4.70/t on profit-taking and lower-than-expected export sales.

- Date: 2018-01-28 · published 2018-01-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/67086-daily-market-wire-29-january-2018-grain-central
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Soybean meal weakness and softer soybean export sales point to lower meal prices, while wheat and corn firmed on export sales and southern Plains weather concerns.

## Read by commodity

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

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-29-january-2018/

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