Daily US grain report: markets quieter mid-week

US grain futures prices were slightly down in overnight trading. Corn was down around 1 cent, soybeans down about 2 cents and wheat off around 3 cents.
calendar icon 11 September 2019
clock icon 4 minute read

Weather in the US Midwest remains warm, rainy and non-threatening, including no signs of an early hard frost that would kill the still-maturing corn and soybean crops.

Price downtrend still in place but more gains in the near term would negate it to suggest a market bottom in place
Price downtrend still in place but more gains in the near term would negate it to suggest a market bottom in place

© Jim Wyckoff

Bears have solid chart advantage amid price downtrend; still no early clues market bottom close at hand
Bears have solid chart advantage amid price downtrend; still no early clues market bottom close at hand

© Jim Wyckoff

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