Daily US grain report: markets see pressure early Friday

US grain futures prices were lower overnight, with corn down around 4 cents, soybeans off 5 to 6 cents and wheat down around 5 to 7 cents.
calendar icon 7 June 2019
clock icon 4 minute read
Prices are pausing this week, which is not bearish. Bulls still have near-term technical advantage
Prices are pausing this week, which is not bearish. Bulls still have near-term technical advantage

© Jim Wyckoff

Bean bulls have slight chart advantage amid price uptrend but need to show fresh power very soon to keep it
Bean bulls have slight chart advantage amid price uptrend but need to show fresh power very soon to keep it
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