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Daily US grain report: traders ponder US-China trade deal, inclement midwest weather

US grain futures prices weaker overnight. Corn was down around 3 cents, soybeans off around 1 1/2 cents and wheat about 2 cents down.

16 October 2019

7 minute read

By: 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

Bulls fading this week but price uptrend still in place — Bulls fading this week but price uptrend still in place
© Jim Wyckoff

Bulls fading this week but price uptrend still in place — Bulls fading this week but price uptrend still in place
© Jim Wyckoff

Jim Wyckoff

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