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    Daily US grain report: grain markets squelched by heightened geopolitical tensions

    US grain futures were mixed overnight. Corn was off around 1 1/2 to 2 cents, soybeans down around 1 cent and wheat steady to 1 1/2 cents higher.
    calendar icon 8 January 2020
    clock icon 7 minute read
    By: Jim Wyckoff
    North America
    Bulls have advantage as price uptrend line in place; so far, just a normal corrective pullback but bulls need to stabilize prices this week; quieter trading likely until Friday's USDA report release
    Bulls have advantage as price uptrend line in place; so far, just a normal corrective pullback but bulls need to stabilize prices this week; quieter trading likely until Friday's USDA report release

    © Jim Wyckoff

    Bulls have advantage as price uptrend line in place; so far, just a normal corrective pullback but bulls need to stabilize prices this week; quieter trading likely until Friday's USDA report release
    Bulls have advantage as price uptrend line in place; so far, just a normal corrective pullback but bulls need to stabilize prices this week; quieter trading likely until Friday's USDA report release

    © Jim Wyckoff

    Bulls fading and need to show fresh power soon; quieter price action likely until Friday's USDA report
    Bulls fading and need to show fresh power soon; quieter price action likely until Friday's USDA report

    © Jim Wyckoff

    Bulls fading and need to show fresh power soon; quieter price action likely until Friday's USDA report
    Bulls fading and need to show fresh power soon; quieter price action likely until Friday's USDA report

    © Jim Wyckoff

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    Jim Wyckoff

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