# Marketline Report for Monday, August 21st - AG INFORMATION NETWORK OF THE WEST

> Grain markets were quiet overnight, with Chicago September wheat closing at 417.5 cents and September corn at 351.25 cents. Wheat continued to make new lows on large global supplies, while traders awaited the Pro Farmer crop tour.

- Date: 2017-08-21 · published 2017-08-21T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/69614-marketline-report-for-monday-august-21st-ag-information-network-of-the-west
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Large global wheat supplies keep wheat prices under pressure, and the upcoming crop tour could move corn expectations. Live cattle and feeder cattle also traded lower.

## Read by commodity

- CORN: neutral
- WHEAT: bearish ▼

## Sources

- aginfo.net: https://www.aginfo.net/report/37888/Marketline-Report-for-Monday-August-21st

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