# Daily market wire 26 April 2017 - Grain Central

> Overnight markets were higher for grains and lower for oilseeds, with CBOT wheat up 6.25 cents, corn up 5.75 cents and soybeans down 6.75 cents. Wheat gained on corn and spring wheat strength, with USDA reporting spring wheat planting at 22 percent versus a 34 percent average. Frost concerns in Kansas and dry conditions in Russia were also cited.

- Date: 2017-04-25 · published 2017-04-25T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/8222-daily-market-wire-26-april-2017-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Slow spring wheat planting and frost and dryness risks support wheat prices, while soybean weakness reflects competition from corn for acres. The moves are small and mostly technical.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲
- WHEAT: bullish ▲

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-26-april-2017/

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