Daily US grain report: Coronavirus outbreak dents grain market bulls again
US grain futures are mixed to firmer in early US pre-market trading Thursday. Corn is up around 1 1/2 cents, soybeans near steady and wheat is around 1/2 cent higher.
7 February 2020
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Recent price action could be "basing" that kicks off a price uptrend at some point in not-too-distant future. © Jim Wyckoff
Recent price action could be "basing" that kicks off a price uptrend at some point in not-too-distant future. © Jim Wyckoff
More gains in near term would suggest market bottom is in place. © Jim Wyckoff
More gains in near term would suggest market bottom is in place. © Jim Wyckoff
