Daily US grain report: markets pause ahead of critical trading week that lies just ahead

US grain futures prices were mixed overnight, with corn steady to up 1 cent, soybeans off around 3 cents and wheat near steady.
calendar icon 21 June 2019
clock icon 3 minute read

Late next week is also when the US and Chinese presidents meet to discuss trade. Ideas are also widely mixed on the outcome of that meeting, which also argues for more subdued trade in the grains until late next week.

July corn
July corn

Bulls have firm near-term technical advantage. Uptrend in place.

July soybeans
July soybeans

Bulls have firm near-term technical advantage amid price uptrend. © Jim Wyckoff

© 2000 - 2024 - Global Ag Media. All Rights Reserved | No part of this site may be reproduced without permission.