# Daily Market Wire 26 February 2019 - Grain Central

> CBOT wheat fell 20 cents, about 4%, while Kansas HRW fell 16.25 cents, with selling described as fund-driven in waves. Crop conditions were rated around 85-90% good to fair, and Black Sea crops looked favorable. Corn fell 4.75 cents, and WTI crude dropped about 3% after the US president called on OPEC to ease prices.

- Date: 2019-02-25 · published 2019-02-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6777-daily-market-wire-26-february-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), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Fund selling and good crop ratings reinforce bearish pressure on wheat and corn. Lower crude also weakens the energy-linked support for grain and ethanol-related demand.

## Read by commodity

- WTI: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-26-february-2019/

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