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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.

8 November 2019

7 minute read

By: 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

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

Jim Wyckoff

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