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Daily US grain report: traders bracing for two big events later this week

US grain futures prices were mixed again in overnight trading. Corn was up around 1/2 cent, soybeans down 1 cent and wheat around 1 1/2 cents lower.

8 October 2019

7 minute read

By: Jim Wyckoff

Bulls working on price uptrend but need to show fresh power soon to keep it alive — Bulls working on price uptrend but need to show fresh power soon to keep it alive
© Jim Wyckoff

Bulls working on price uptrend but need to show fresh power soon to keep it alive — Bulls working on price uptrend but need to show fresh power soon to keep it alive
© Jim Wyckoff

Bulls have near-term technical advantage as price uptrend in place. Bullish pennant pattern has just formed — Bulls have near-term technical advantage as price uptrend in place. Bullish pennant pattern has just formed
© Jim Wyckoff

Bulls have near-term technical advantage as price uptrend in place. Bullish pennant pattern has just formed — Bulls have near-term technical advantage as price uptrend in place. Bullish pennant pattern has just formed
© Jim Wyckoff

Jim Wyckoff

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