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Daily US grain report: hopes for US-China trade deal working to offset bearish USDA report

US grain futures prices were higher overnight. Corn was up 3 to 4 cents, soybeans up around 9 cents and wheat 2 to 4 cents up.

11 October 2019

7 minute read

By: Jim Wyckoff

Price uptrend now in jeopardy; bulls need to recover and show power very soon to keep uptrend alive — Price uptrend now in jeopardy; bulls need to recover and show power very soon to keep uptrend alive
© Jim Wyckoff

Price uptrend now in jeopardy; bulls need to recover and show power very soon to keep uptrend alive — Price uptrend now in jeopardy; bulls need to recover and show power very soon to keep uptrend alive
© Jim Wyckoff

Bulls have firm near-term technical advantage as price uptrend in place; price action likely to remain sideways-higher in near term — Bulls have firm near-term technical advantage as price uptrend in place; price action likely to remain sideways-higher in near term
© Jim Wyckoff

Bulls have firm near-term technical advantage as price uptrend in place; price action likely to remain sideways-higher in near term — Bulls have firm near-term technical advantage as price uptrend in place; price action likely to remain sideways-higher in near term
© Jim Wyckoff

Jim Wyckoff

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