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    Daily US grain report: global uncertainty over demand continues to depress grain prices

    US grain futures are weaker in early US pre-market trading Monday. Corn is around 1 1/2 cents down, soybeans around 1 cent lower and wheat is 3 to 4 cents down.
    calendar icon 3 February 2020
    clock icon 5 minute read
    By: Jim Wyckoff
    North America
    Bulls work to stabilise market and need to hold prices above the January low to avoid new leg down
    Bulls work to stabilise market and need to hold prices above the January low to avoid new leg down

    © Jim Wyckoff

    Bulls work to stabilise market and need to hold prices above the January low to avoid new leg down
    Bulls work to stabilise market and need to hold prices above the January low to avoid new leg down

    © Jim Wyckoff

    Bears have solid chart advantage amid steep price downtrend line. However market is well oversold and due for a corrective bounce very soon
    Bears have solid chart advantage amid steep price downtrend line. However market is well oversold and due for a corrective bounce very soon

    © Jim Wyckoff

    Bears have solid chart advantage amid steep price downtrend line. However market is well oversold and due for a corrective bounce very soon
    Bears have solid chart advantage amid steep price downtrend line. However market is well oversold and due for a corrective bounce very soon

    © Jim Wyckoff

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    Jim Wyckoff

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