Daily US grain report: higher volatility as traders await big USDA report

US grain futures prices were mostly weaker overnight, with corn losing around 1 cent, soybeans down around 1 cent and wheat 1 to 2 cents lower.
calendar icon 8 November 2019
clock icon 7 minute read
Price downtrend in place and bears have downside momentum. Big USDA report on Friday to produce higher volatility
Price downtrend in place and bears have downside momentum. Big USDA report on Friday to produce higher volatility

© Jim Wyckoff

Price downtrend in place and bears have downside momentum. Big USDA report on Friday to produce higher volatility
Price downtrend in place and bears have downside momentum. Big USDA report on Friday to produce higher volatility

© Jim Wyckoff

Bulls have near-term technical advantage as trading turns choppy ahead of Friday's USDA report. Look for volatility on Friday
Bulls have near-term technical advantage as trading turns choppy ahead of Friday's USDA report. Look for volatility on Friday

© Jim Wyckoff

Bulls have near-term technical advantage as trading turns choppy ahead of Friday's USDA report. Look for volatility on Friday
Bulls have near-term technical advantage as trading turns choppy ahead of Friday's USDA report. Look for volatility on Friday

© Jim Wyckoff

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