# Daily market wire 14 December 2017 - Grain Central

> Overnight, CBOT wheat rose 6 cents to 416.75 cents, Kansas wheat gained 5 cents, corn rose 1.25 cents to 349 cents, and soybeans rose 3.25 cents to 990.5 cents. Brazil approved Russian wheat as an import option for local millers, which could reduce HRW exports. The French agriculture ministry cut its wheat export forecast by 400,000 tonnes.

- Date: 2017-12-10 · published 2017-12-10T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/8430-daily-market-wire-14-december-2017-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Brazilian access to cheaper Russian wheat may take some US HRW export business, but freight differences limit the impact. The EU export cut tightens global wheat supply, which supports prices.

## Read by commodity

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

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-11-december-2017/
- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-12-december-2017/
- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-14-december-2017/
- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-15-december-2017/

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