Daily US grain report: Midwest weather patterns allow good planting progress to pressure grain prices

US grain futures prices were lower overnight, with corn down around 3.5 cents, soybeans off 5 to 7 cents and wheat down around 5 to 6 cents.
calendar icon 10 June 2019
clock icon 4 minute read
July corn
July corn

Prices are pausing which is not yet bearish. Bulls still have near-term technical advantage but need to show fresh power soon to maintain this.

July soybeans
July soybeans

Bean bulls lose chart advantage as price uptrend now in serious jeopardy. Bulls need to step up and show power very soon.

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