# Daily market wire 9 Feb 2017 - Grain Central

> CBOT wheat, Kansas wheat, corn and soybeans all closed higher, with soybeans up 16 cents on Chinese demand and rumours of PNW soybean sales. Canola and Matif canola also rose ahead of the USDA report.

- Date: 2017-02-08 · published 2017-02-08T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/8599-daily-market-wire-9-feb-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), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Chinese buying and strong domestic corn demand, including ethanol and livestock use, tighten nearby supplies and support feed grain and oilseed prices into the USDA release.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- CANMEAL: bullish ▲

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-9-feb-2017/

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