Daily US grain report: market bulls try to stabilise prices amid unpredictable summertime weather

US grain futures prices were steady to higher in overnight trading. Corn was steady, soybeans up around 3 cents, and wheat 2 to 3 cents higher.
calendar icon 19 July 2019
clock icon 4 minute read
Bulls fade badly this week. Drop below the July low of $4.20 1/2 would put a dagger in the bulls for the rest of the summer
Bulls fade badly this week. Drop below the July low of $4.20 1/2 would put a dagger in the bulls for the rest of the summer

© Jim Wyckoff

Bulls fade badly this week and need to show power very soon to avoid serious chart damage
Bulls fade badly this week and need to show power very soon to avoid serious chart damage

Drop below July low of $8.90 1/2 would start a price downtrend and produce serious near-term chart damage. © Jim Wyckoff

© 2000 - 2024 - Global Ag Media. All Rights Reserved | No part of this site may be reproduced without permission.