Daily US grain report: futures see normal, corrective pullbacks
US grain futures prices were lower overnight, with corn down around 7 cents, soybeans off around 2 cents and wheat down around 12 cents.
18 June 2019
4 minute read
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Bulls have solid near-term technical advantage. Upside is open to a run at $5.00. Tuesday's pullback so far just a normal and healthy downside correction. © Jim Wyckoff
Bulls gain more power by pushing prices above May highs. Uptrend line in place. More upside likely in the near term, including possible challenge of $10.00 this summer. © Jim Wyckoff
