Daily US grain report: traders awaiting Tuesday's USDA report for direction

US grain futures are mixed in early US pre-market trading Monday. Corn is down around 1 cent, soybeans up around 1 1/2 cents and wheat steady to 3 cents down.
calendar icon 11 February 2020
clock icon 7 minute read
Bears have firm chart advantage amid price downtrend; more gains in near term would suggest market bottom is in place
Bears have firm chart advantage amid price downtrend; more gains in near term would suggest market bottom is in place

© Jim Wyckoff

Bears have firm chart advantage amid price downtrend; more gains in near term would suggest market bottom is in place
Bears have firm chart advantage amid price downtrend; more gains in near term would suggest market bottom is in place

© Jim Wyckoff

Choppy and sideways trading recently suggests more of the same, but look for some higher volatility Tuesday after the USDA report
Choppy and sideways trading recently suggests more of the same, but look for some higher volatility Tuesday after the USDA report

© Jim Wyckoff

Choppy and sideways trading recently suggests more of the same, but look for some higher volatility Tuesday after the USDA report
Choppy and sideways trading recently suggests more of the same, but look for some higher volatility Tuesday after the USDA report

© Jim Wyckoff

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