Daily US grain report: futures see short-covering gains after upbeat US comments on China trade

US grain futures prices were higher in overnight trading, on short covering from recent selling pressure. Corn was up around 5 to 6 cents, soybeans up around 7 cents and wheat up 4 to 6 cents.
calendar icon 10 September 2019
clock icon 4 minute read
Bears have solid chart advantage amid price downtrend. Still more downside likely in near term
Bears have solid chart advantage amid price downtrend. Still more downside likely in near term

© Jim Wyckoff

Price downtrend still in place and bears have firm overall chart advantage. more downside likely in near term
Price downtrend still in place and bears have firm overall chart advantage. more downside likely in near term

© Jim Wyckoff

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