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Daily US grain report: prices near steady early Monday, but with bearish undertones

US grain futures prices were narrowly mixed overnight, with corn 1/4 cent higher, soybeans steady and wheat down 1/2 to 1 1/2 cents.

18 November 2019

7 minute read

By: Jim Wyckoff

Price downtrend in place to suggest more price pressure in near term — Price downtrend in place to suggest more price pressure in near term
© Jim Wyckoff

Price downtrend in place to suggest more price pressure in near term — Price downtrend in place to suggest more price pressure in near term
© Jim Wyckoff

Bulls lose overall near-term technical advantage as price downtrend in place; more pressure likely in near term — Bulls lose overall near-term technical advantage as price downtrend in place; more pressure likely in near term
© Jim Wyckoff

Bulls lose overall near-term technical advantage as price downtrend in place; more pressure likely in near term — Bulls lose overall near-term technical advantage as price downtrend in place; more pressure likely in near term
© Jim Wyckoff

Jim Wyckoff

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