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Daily US grain report: market traders perk up on positive developments on US-China trade front

US grain futures prices were mostly up overnight, with corn gaining around 1 cent, soybeans up 3 to 4 cents and wheat 1 cent lower to 3 cents higher.

7 November 2019

7 minute read

By: Jim Wyckoff

Price downtrend now in place and bears have downside momentum. Big USDA report on Friday to produce higher volatility on that day — Price downtrend now in place and bears have downside momentum. Big USDA report on Friday to produce higher volatility on that day
© Jim Wyckoff

Price downtrend now in place and bears have downside momentum. Big USDA report on Friday to produce higher volatility on that day — Price downtrend now in place and bears have downside momentum. Big USDA report on Friday to produce higher volatility on that day
© Jim Wyckoff

Bulls have near-term technical advantage as trading turns choppy ahead of Friday's USDA report. Look for volatility on Friday — Bulls have near-term technical advantage as trading turns choppy ahead of Friday's USDA report. Look for volatility on Friday
© Jim Wyckoff

Bulls have near-term technical advantage as trading turns choppy ahead of Friday's USDA report. Look for volatility on Friday — Bulls have near-term technical advantage as trading turns choppy ahead of Friday's USDA report. Look for volatility on Friday
© Jim Wyckoff

Jim Wyckoff

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