Daily US grain report: markets higher on upbeat attitudes regarding China

US grain futures are posting decent gains in early US pre-market trading Tuesday. Corn is up around 4 cents, soybeans around 8 cents higher and wheat is around 8 cents up.
calendar icon 4 February 2020
clock icon 7 minute read
Bears have solid chart advantage amid steep price downtrend line; more gains this week would suggest market bottom in place
Bears have solid chart advantage amid steep price downtrend line; more gains this week would suggest market bottom in place

© Jim Wyckoff

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

© Jim Wyckoff

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

© Jim Wyckoff

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

© Jim Wyckoff

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