Daily US grain report: corn bulls gain power, likely to be the leader for grains

US grain futures prices were mixed to weaker overnight, with corn down 1 to 2 cents, soybeans off around 3 cents and wheat fractionally higher.
calendar icon 12 June 2019
clock icon 4 minute read
Bean bulls fading and need to step up and show power very soon to keep uptrend alive. Soybeans likely to follow corn price action in near term
Bean bulls fading and need to step up and show power very soon to keep uptrend alive. Soybeans likely to follow corn price action in near term

© Jym Wyckoff

Bulls have near-term technical advantage and gain more power with big gains Tuesday. Bull flag pattern has now formed
Bulls have near-term technical advantage and gain more power with big gains Tuesday. Bull flag pattern has now formed

© Jim Wyckoff

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