# Canola, winter wheat rise but rest of market gives back gains | The Western Producer

> Canola and Kansas hard red winter wheat closed higher on May 2, while most other US grain markets gave back Monday's gains. USDA crop progress showed corn planting at 34 percent and soybean planting at 10 percent, and winter wheat condition unchanged after a weekend blizzard.

- Date: 2017-05-02 · published 2017-05-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/71112-canola-winter-wheat-rise-but-rest-of-market-gives-back-gains-the-western
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Winter wheat damage from the blizzard supports wheat prices, but benign planting progress limits broader grain support.

## Read by commodity

- SOY: neutral
- CORN: neutral
- KWHEAT: bullish ▲
- CANMEAL: bullish ▲

## Sources

- producer.com: https://www.producer.com/daily/canola-winter-wheat-rise-but-rest-of-market-gives-back-gains/

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