# Daily Market Wire 29 April 2021 - Grain Central

> Chicago July wheat fell about 10 cents to 722.75c/bu and corn dropped 10.5 cents to 644c/bu, with soybeans down 5.75 cents to 1513.75c/bu. The US dollar index eased to 90.6 after the FOMC reiterated its support for quantitative easing.

- Date: 2021-04-29 · published 2021-04-29T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/7708-daily-market-wire-29-april-2021-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), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Grains pulled back from the recent rally on profit taking, with the softer dollar offering some support. The price moves describe routine market activity without a new fundamental shock.

## Read by commodity

- DXY: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-29-april-2021/

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