Daily Market Wire – January 26, 2023

Soybean and wheat closed with solid gains, yesterday.

Corn failed to follow suit.

Notably, ASX wheat March contract was up A$4/t to A$375/t;

Chicago wheat Mar contract was up US6.6 cents to 741.2c/bu;

Kansas wheat Mar contract was up 9.4c/bu to 843.2c/bu;

Minneapolis wheat Mar contract up 6.4c/bu to 909.4c/bu;

MATIF wheat Mar contract was up €2.75/t to €284.5/t;

Black Sea wheat Mar contract was unchanged to $306/t;

US DWI Cash (durum wheat index) was down 1.67c/bu to 907.42c/bu;

1CWAD (Canadian durum) avg reg was down C$7.78/t to C$455.02/t;

EDW (EU durum) March contract was unchanged to €481/t;

Chicago corn Mar contract down 2.2c/bu to 674.6c/bu;

Soybeans Mar contract up 14c/bu to 1502.4c/bu;

MATIF corn Mar contract was up €1.5/t to €274.75/t;

Winnipeg canola Mar contract, was up C$3.8/t to C$800.5/t;

MATIF rapeseed Feb contract was down €2.5/t to €530.5/t;

Brent crude Mar was down US$0.01 per barrel to $86.12;

WTI crude Mar was up US$0.02 per barrel to $80.15;

BDI Baltic Dry Index was down 18 points to 703;

Dow Jones was up 9.88 points to 33.743,84;

S&P 500 was down 0.73 points to 4.016,22;

NASDAQ Composite down 20.91 points to 11.313,36;

US dollar index (Mar ’23) was down 0.259 to 101.416;

AUD/USD firmer at US$0.7102;

USD/CAD firmer at $1.3392;

EUR/USD firmer at $1.0915;

USD/RUB weaker at ₽69.2050.