Daily US grain report: markets see position evening, short covering, heading into weekend

US grain futures prices were mixed to firmer in overnight trading, on some more short covering and position evening.
calendar icon 9 August 2019
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Price downtrend in place. Bears have overall chart advantage. Trading likely to be quieter ahead of Monday's key USDA report.
Price downtrend in place. Bears have overall chart advantage. Trading likely to be quieter ahead of Monday's key USDA report.

© Jim Wyckoff

Price downtrend in place and bears have chart advantage. Despite chart advantage, some short ordering recently. Traders await Monday's USDA report.
Price downtrend in place and bears have chart advantage. Despite chart advantage, some short ordering recently. Traders await Monday's USDA report.

© Jim Wyckoff

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