Monthly inflation numbers were released today. The net message is that retail level pricing is staying higher than expected. October 13, 2022

Wheat received a shot in the arm from three separate stories today. Russia is raising concerns about renewing the Ukraine grain export deal. Argentina is recognizing another cut to their coming harvest. The weekly US Drought Monitor report showed worsening conditions ahead of the coming Texas/Oklahoma rains. These overcame the bearish influence from the morning's inflation report.

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Allendale, Inc.
4506 Prime Parkway McHenry, IL 60050

1.800.2MARKET | 1.800.551.4626
Local: 815.578.6150 | Fax: 815.363.5511

service@allendale-inc.com

©2019 Allendale, Inc.
This communication is intended as a solicitation for business in the U.S. Please see our full disclaimer.
Site designed and developed by Turnkey Digital.