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Daily US grain report: futures steady to weak but ideas pivot regarding US-China trade talks

US grain futures prices were steady to lower in overnight trading. Corn was down around 2 cents, soybeans near unchanged and wheat 3 to 5 cents down.

24 September 2019

7 minute read

By: Jim Wyckoff

Bears have chart advantage but price downtrend has been negated to suggest a market bottom in place — Bears have chart advantage but price downtrend has been negated to suggest a market bottom in place
© Jim Wyckoff

Bears have chart advantage but price downtrend has been negated to suggest a market bottom in place — Bears have chart advantage but price downtrend has been negated to suggest a market bottom in place
© Jim Wyckoff

Bulls showing some strength early this week but need to show more power in coming days to suggest a price uptrend can be sustained — Bulls showing some strength early this week but need to show more power in coming days to suggest a price uptrend can be sustained
© Jim Wyckoff

Bulls showing some strength early this week but need to show more power in coming days to suggest a price uptrend can be sustained — Bulls showing some strength early this week but need to show more power in coming days to suggest a price uptrend can be sustained
© Jim Wyckoff

Jim Wyckoff

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