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    Daily US grain report: grain markets stabilize as coronavirus impact on demand factored into prices - for now

    US grain futures are mixed to weaker in early US pre-market trading Wednesday. Corn is around 1 cent lower, soybeans around 5 cents higher and wheat is 3 to 5 cents down.
    calendar icon 29 January 2020
    clock icon 7 minute read
    By: Jim Wyckoff
    North America
    Bulls recover to stabilize the market, now suggesting more sideways and choppy trading in the near term
    Bulls recover to stabilize the market, now suggesting more sideways and choppy trading in the near term

    © Jim Wyckoff

    Bulls recover to stabilize the market, now suggesting more sideways and choppy trading in the near term
    Bulls recover to stabilize the market, now suggesting more sideways and choppy trading in the near term

    © Jim Wyckoff

    Bears have solid chart advantage amid steep price downtrend line to suggest retest of December low, or below
    Bears have solid chart advantage amid steep price downtrend line to suggest retest of December low, or below

    © Jim Wyckoff

    Bears have solid chart advantage amid steep price downtrend line to suggest retest of December low, or below
    Bears have solid chart advantage amid steep price downtrend line to suggest retest of December low, or below

    © Jim Wyckoff

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    Jim Wyckoff

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