# Daily market wire 21 May 2018 - Grain Central

> Grain futures rose on Friday, with CBOT wheat up 20.75c, Corn up 7.25c and Soybeans up 3.5c. Wheat led gains on dryness in Australia and Canada and Black Sea uncertainty, while corn followed after China cancelled its anti-dumping probe and tariffs on US sorghum.

- Date: 2018-05-20 · published 2018-05-20T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/8708-daily-market-wire-21-may-2018-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), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Dryness in key exporters and China lifting tariffs on US sorghum support feed grain prices, and tighter stocks add upside pressure.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- SORGHUM: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WHEAT | 2018-05-21 | 1 | +2.6% | 3.3 | Daily wire (dated 21 May) cites wheat leading grain gains on dryness in Australia and Canada and Black Sea uncertainty, supply-risk drivers directly tied to the move window. |

## Sources

- graincentral.com: https://www.graincentral.com/markets/daily-market-wire-21-may-2018/

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