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    Daily US grain report: market bulls more upbeat at mid-week

    US grain futures are steady to higher in early US pre-market trading Wednesday. Corn is up around 1/2 cent, soybeans around 5 cents higher and wheat is around 5 cents up.
    calendar icon 5 February 2020
    clock icon 3 minute read
    By: Jim Wyckoff
    North America
    Bears have solid chart advantage amid steep price downtrend line; more gains this week would suggest market bottom is in place
    Bears have solid chart advantage amid steep price downtrend line; more gains this week would suggest market bottom is in place

    © Jim Wyckoff

    Bears have solid chart advantage amid steep price downtrend line; more gains this week would suggest market bottom is in place
    Bears have solid chart advantage amid steep price downtrend line; more gains this week would suggest market bottom is in place

    © Jim Wyckoff

    Bulls stabilise market at mid-week; this suggests the downside for prices is limited in the near-term
    Bulls stabilise market at mid-week; this suggests the downside for prices is limited in the near-term

    © Jim Wyckoff

    Bulls stabilise market at mid-week; this suggests the downside for prices is limited in the near-term
    Bulls stabilise market at mid-week; this suggests the downside for prices is limited in the near-term

    © Jim Wyckoff

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    Jim Wyckoff

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