US grain prices pausing amid weather market

US grain futures prices were firmer in choppy overnight trading. The markets are pausing after corn hit a nearly 12-month high and wheat a three-month high Wednesday. Soybeans hit a five-week high.
calendar icon 30 May 2019
clock icon 3 minute read
Bulls in solid control amid steep price uptrend in place. The bulls may be exhausted, which could produce choppy and sideways trading in the near term
Bulls in solid control amid steep price uptrend in place. The bulls may be exhausted, which could produce choppy and sideways trading in the near term

© Jim Wyckoff

Bean bull have chart advantage as the start price uptrend this week
Bean bull have chart advantage as the start price uptrend this week

© Jim Wyckoff

© 2000 - 2024 - Global Ag Media. All Rights Reserved | No part of this site may be reproduced without permission.