Daily US grain report: markets see support from lessening coronavirus worries

US grain futures are higher in early US pre-market trading Tuesday. Corn is 3 1/2 cents higher, soybeans around 4 cents higher and wheat is around 10 cents up.
calendar icon 18 February 2020
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Choppy and sideways trading recently suggests more of the same; bears still have overall near-term technical advantage
Choppy and sideways trading recently suggests more of the same; bears still have overall near-term technical advantage

© Jim Wyckoff

Bears have overall chart advantage but price downtrend has been negated to suggest market bottom in place
Bears have overall chart advantage but price downtrend has been negated to suggest market bottom in place

© Jim Wyckoff

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