Daily US grain report: futures weaker, no benefit from upbeat US-China trade news

US grain futures prices were weaker overnight, with corn and soybeans down around 1 cent and wheat down 3 to 5 cents.
calendar icon 26 November 2019
clock icon 7 minute read
Price downtrend in place and bears have firm advantage; bulls just working to stabilise market
Price downtrend in place and bears have firm advantage; bulls just working to stabilise market

© Jim Wyckoff

Price downtrend in place and bears have firm advantage; bulls just working to stabilise market
Price downtrend in place and bears have firm advantage; bulls just working to stabilise market

© Jim Wyckoff

Bears have firm overall near-term technical advantage as price downtrend in place
Bears have firm overall near-term technical advantage as price downtrend in place

© Jim Wyckoff

Bears have firm overall near-term technical advantage as price downtrend in place
Bears have firm overall near-term technical advantage as price downtrend in place

© Jim Wyckoff

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