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Daily US grain report: traders still focused on US-China trade rhetoric

US grain futures prices were steady to higher overnight. Corn was near steady, soybeans around 4 cents up and wheat 1 to 3 cents higher.

4 December 2019

5 minute read

By: Jim Wyckoff

Price downtrend in place and bears have firm advantage, but bulls stabilise prices this week — Price downtrend in place and bears have firm advantage, but bulls stabilise prices this week
© Jim Wyckoff

Price downtrend in place and bears have firm advantage, but bulls stabilise prices this week — Price downtrend in place and bears have firm advantage, but bulls stabilise prices this week
© Jim Wyckoff

Bears have solid overall near-term technical advantage as price downtrend in place. More downside is likely in near term — Bears have solid overall near-term technical advantage as price downtrend in place. More downside is likely in near term
© Jim Wyckoff

Bears have solid overall near-term technical advantage as price downtrend in place. More downside is likely in near term — Bears have solid overall near-term technical advantage as price downtrend in place. More downside is likely in near term
© Jim Wyckoff

Jim Wyckoff

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