Daily US grain report: bears gain momentum as 15 December tariff deadline looms

US grain futures prices were mixed overnight. Corn, soybean and wheat bulls have faded this week, with corn leading the way by dropping to a three-month low.
calendar icon 12 December 2019
clock icon 7 minute read
Bears have overall near-term technical advantage and regain momentum late this week to suggest downtrend could be restarted on more price pressure
Bears have overall near-term technical advantage and regain momentum late this week to suggest downtrend could be restarted on more price pressure

© Jim Wyckoff

Bears have overall near-term technical advantage and regain momentum late this week to suggest downtrend could be restarted on more price pressure
Bears have overall near-term technical advantage and regain momentum late this week to suggest downtrend could be restarted on more price pressure

© Jim Wyckoff

Price downtrend in place and bears have solid advantage to suggest challenge of September low, and even below
Price downtrend in place and bears have solid advantage to suggest challenge of September low, and even below

© Jim Wyckoff

Price downtrend in place and bears have solid advantage to suggest challenge of September low, and even below
Price downtrend in place and bears have solid advantage to suggest challenge of September low, and even below

© Jim Wyckoff

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