# Daily market wire 12 April 2017 - Grain Central

> Chicago wheat and Kansas wheat rose slightly overnight, while corn and soybeans dipped, despite a bearish USDA report. Global corn, soybean and wheat stocks for 2016/17 were all raised, with soybeans hitting 12-month lows in May. The market is now focused on U.S. planting and weather.

- Date: 2017-04-11 · published 2017-04-11T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/71444-daily-market-wire-12-april-2017-grain-central
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Record global stocks keep a cap on grain and soymeal prices, and buyers should watch planting weather for any upside risk.

## Read by commodity

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

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-12-april-2017/

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