Daily US grain report: traders focused on cool weather heading into September

US grain futures prices were mixed in overnight trading. Corn was up 2 to 3 cents, soybeans up around 7 cents and wheat steady to off 5 cents.
calendar icon 30 August 2019
clock icon 4 minute read
Bears still have firm chart advantage amid price downtrend. However, more gains in near term would suggest a market bottom, or "harvest low" is in place
Bears still have firm chart advantage amid price downtrend. However, more gains in near term would suggest a market bottom, or "harvest low" is in place

© Jim Wyckoff

Price downtrend still in place and bears have overall chart advantage. More good gains in near term would suggest a market bottom or "harvest low" is in place
Price downtrend still in place and bears have overall chart advantage. More good gains in near term would suggest a market bottom or "harvest low" is in place

© Jim Wyckoff

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