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    Daily US grain report: traders still very anxious regarding coronavirus impact on demand

    US grain futures are lower in early US pre-market trading Thursday. Corn is around 3 cents lower, soybeans around 4 cents lower and wheat is 3 to 4 cents down.
    calendar icon 30 January 2020
    clock icon 7 minute read
    By: Jim Wyckoff
    North America
    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

    Bulls wobbly amid coronavirus scare and need to hold prices above the support line at the January low
    Bulls wobbly amid coronavirus scare and need to hold prices above the support line at the January low

    © Jim Wyckoff

    Bulls wobbly amid coronavirus scare and need to hold prices above the support line at the January low
    Bulls wobbly amid coronavirus scare and need to hold prices above the support line at the January low

    © Jim Wyckoff

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