Daily US grain report: corn bulls gain power, likely to be the leader for grains
US grain futures prices were mixed to weaker overnight, with corn down 1 to 2 cents, soybeans off around 3 cents and wheat fractionally higher.
12 June 2019
4 minute read
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Bean bulls fading and need to step up and show power very soon to keep uptrend alive. Soybeans likely to follow corn price action in near term. © Jim Wyckoff
Bulls have near-term technical advantage and gain more power with big gains Tuesday. Bull flag pattern has now formed. © Jim Wyckoff
