Daily US grain report: grain futures languish, awaiting new fundamental inputs

US grain futures are mixed in early US pre-market trading Thursday. Corn is 1/4 to 1/2 cent higher, soybeans around 4 cents lower and wheat is 2 to 3 cents higher. Trading has turned choppy and a bit more volatile recently.
calendar icon 23 January 2020
clock icon 7 minute read
Bulls regain some momentum, but they need to push prices above strong resistance line to suggest price uptrend can be sustained
Bulls regain some momentum, but they need to push prices above strong resistance line to suggest price uptrend can be sustained

© Jim Wyckoff

Bulls regain some momentum, but they need to push prices above strong resistance line to suggest price uptrend can be sustained
Bulls regain some momentum, but they need to push prices above strong resistance line to suggest price uptrend can be sustained

© Jim Wyckoff

Bulls lose chart advantage amid price downtrend line to suggest retest of December low
Bulls lose chart advantage amid price downtrend line to suggest retest of December low

© Jim Wyckoff

Bulls lose chart advantage amid price downtrend line to suggest retest of December low
Bulls lose chart advantage amid price downtrend line to suggest retest of December low

© Jim Wyckoff

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