Daily US grain report: weather worries and coronavirus impacting global grain markets

US grain futures are lower in early US pre-market trading Wednesday. Corn is 1 1/2 cents lower, soybeans around 1 cent down and wheat is around 5 cents lower
calendar icon 19 February 2020
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Chopy and sideways trading recently that is likely "basing" action that will at some point set off a price uptrend
Chopy and sideways trading recently that is likely "basing" action that will at some point set off a price uptrend

© Jim Wyckoff

Chopy and sideways trading recently that is likely "basing" action that will at some point set off a price uptrend
Chopy and sideways trading recently that is likely "basing" action that will at some point set off a price uptrend

© 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

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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