Daily US grain report: prices pausing amid weather market

US grain futures prices were firmer in choppy overnight trading. The markets are pausing after corn hit a nearly 12-month high and wheat a three-month high Wednesday. Soybeans hit a five-week high.
calendar icon 30 May 2019
clock icon 3 minute read
July corn
July corn

Bulls in solid control amid steep price uptrend in place. The bulls may be exhausted, which could produce choppy and sideways trading in the near term. © Jim Wyckoff

July soybeans
July soybeans

Bean bull have chart advantage as the start price uptrend this week

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