Daily US grain report: traders still focused on US-China trade rhetoric

US grain futures prices were steady to higher overnight. Corn was near steady, soybeans around 4 cents up and wheat 1 to 3 cents higher.
calendar icon 4 December 2019
clock icon 5 minute read
Price downtrend in place and bears have firm advantage, but bulls stabilise prices this week
Price downtrend in place and bears have firm advantage, but bulls stabilise prices this week

© Jim Wyckoff

Price downtrend in place and bears have firm advantage, but bulls stabilise prices this week
Price downtrend in place and bears have firm advantage, but bulls stabilise prices this week

© Jim Wyckoff

Bears have solid overall near-term technical advantage as price downtrend in place. More downside is likely in near term
Bears have solid overall near-term technical advantage as price downtrend in place. More downside is likely in near term

© Jim Wyckoff

Bears have solid overall near-term technical advantage as price downtrend in place. More downside is likely in near term
Bears have solid overall near-term technical advantage as price downtrend in place. More downside is likely in near term

© Jim Wyckoff

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